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Story summary
- L’Oréal, the French cosmetics company, reported total sales of $52.29 billion for the previous year, up 1.3% from the prior year.
- The company expressed confidence in achieving further revenue and earnings growth.
- Nicolas Hieronimus, the Chief Executive Officer of L’Oréal, stated, “We are optimistic about the outlook for the global beauty market.”
- He emphasized the commitment to maintaining a leading position in the industry.
