L'Oreal’s profits increased
The French L'Oreal, is the world's largest cosmetics company, based on revenues. The company increased its profits by 21 percent, in the first half of this year, compared to a year earlier.
According to the flash report of the company; after-tax profits increased to 1.31 billion euros, from the 1.08 billion euros of the last year. Revenue increased by 10 percent to 9.67 billion euros. The improvement is due to the new strategy, that aims to decrease the income and profit decreasing effects of the world economic crisis – reports ProfitLine.hu.
Related news
More related news >
Related news
IKEA is expanding its services in seven large rural towns
In the spirit of affordability and accessibility, IKEA is constantly…
Read more >Summer arrives early with the new flavour of Borsodi Friss
The Borsodi Friss product line is being expanded with a…
Read more >NAK-FruitVeB: there is also plenty of Hungarian horseradish for export
In addition to the domestic market, there is plenty of…
Read more >