Is Skin Care The Sole Driver Of L’Oreal’s Revenue?
- Tuesday, December 24, 2019, 0:49
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L’Oreal’s (OTCMKTS: LRLCY) total revenue has grown from $27.58 billion in 2016 to $30.95 billion in 2018, on the back of strong demand growth in emerging markets, and higher pricing of their products. This growth was largely driven by a $2 billion increase in skin care revenue…