Consolitated Sales For First Nine Months: 9.4 Billion Euros; +17.4%

The consolidated sales of L'ORÉAL up to 30 September 2000 amounted to 9.4 billion euros.

The sales growth rate compared with 30 September 1999 is 17.4% based on published figures, 10.0% excluding currency effects and 8.6% on a comparable basis.

Growth based on published figures is thus higher than the rate of 14.5% achieved on 30 June 2000. The currency effect, which was positive at 6.2% for the first half-year, amounted to 7.4% over the nine-month period.

An increase of 1.4% is accounted for the consolidation of four cosmetics subsidiaries: three in North America (KIEHL'S, MATRIX and CARSON) and one in South America (MISS YLANG).

Consolidated sales by main branch were as follows:

  Millions of euros Growth (%)
    published figures excl. currency effects
Cosmetics 9 147 + 17,0 % + 9,8 %
Dermatology 189 + 31,5 % + 18,6 %

These sales are in line with the trend for the year end results indicated in the news release published on 12 September 2000.