Report
Pierre Tegner

L'Oréal : Très bon T1 et tonalité rassurante sur les facteurs d’incertitude actuels

>La tonalité rassurante devrait être bien accueillie après un très bon T1 - La croissance organique de 13.5% au T1 illustre un très bon début d’année et face au changement rapide du contexte de croissance (Ukraine, Chine), il est compréhensible que les investisseurs soient prudents sur l’extrapolation qui peut être faite sur le reste de l’exercice. Pour autant, la qualité des réponses apportées par le management sur les principales questions du moment (inflation, pric...
Underlying
L'Oreal SA

L'Oreal acts as a holding company. Through its subsidiaries, Co. plays a strategic coordination role and scientific, industrial and marketing coordination role on a global basis. Co. develops, manufactures and commercializes products for Skin care, Hair care, Make-up, Perfumes, Toiletries and deodorants, and Oral cosmetics. Co. has three branches: Cosmetics, Body shop and Dermatology. Co.'s principal activities comprise four divisions: Professional Products, Consumer Products, L'Oreal Luxe and Active Cosmetics. The Body Shop branch offers various cosmetics and toiletry products. The Dermatology branch offers topical dermatology prescription, and corrective and aesthetic dermatology.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Pierre Tegner

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