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The French cosmetics giant, which owns the Maybelline and Lancôme brands, reported sales of 11.24 billion euros ($11.98 billion) for the first three months to the end of March.
The sales growth exceeded a consensus of a 6.1 percent rise cited by analysts at Jefferies. Sales were up 8.3 percent on a reported basis.
L’Oréal, the world’s biggest beauty company, said sales in both North America and Europe grew by more than 12 percent, as its…
