Report
Pierre Tegner

L'Oreal : Speed Mode: Q3 at +1.6% l-f-l – the counter-attack is paying off!

>The market could be tempted to pay to see how it plays out - The decision to launch a counter-attack at the end of Q2 has proven to be a wise one, yielding a return to l-f-l growth in Q3 and an impressive performance from a number of divisions. As underscored by JP Agon at yesterday’s conference call, market share gains are undeniable and it would be credible to think that they have been achieved: “what has been taken is no longer up for grabs”. Confidence on H2 has ...
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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