L’Oreal seeks “Option Earth” as China blank

The largest beauty team in the world L’Oreal He said, aiming to depend on the growth of Chinese consumer on Friday, to focus tough opportunities in the US market.

“We see the US as a land of opportunity,” said Nicolas Hieronimus in the presentation of profits following the company’s liberation Fourth-level results Thursday.

As a Q & A speaking session, Hieonimus described China “Unknown”, the company had a constant decline in the quarter-on-quarter North Asian ecosystem in the Chinese ecosystem.

North Asian sales fell by 3.6% in the fourth quarter, Citi Bank was less than 2.4% contraction for the agitation mentioned above.

2024. Until the year, China Peninsula market growth reduced about 4%, the Asian travel retail fell approximately by 10%, according to the company’s data. The beauty team has added that China is now worth the total reduction in recent years in recent years.

“The great stranger is China,” Hieronimus continued. “We have made our calculations for Chinese market slogan. We believe that retailers will be difficult and good surprises can come from there.”

Among the company, Lancôme, Maybelline and Kiehl, he has struggled with the weaker consumer demand in the last quarter, especially in the Chinese market.

Fourth quarter sales rise to 11.08 million euros (11.49 million euros), as similar to 2.5% and 11.1 trillion in a shy survey in LS.

US sales rose by 1.4% in similar, 5.2% increase in the previous quarter and the weakest of all other regions.

However, Hieronimus said it was optimistic about the options in the US market, especially young and growing in Latin and growing populations.

He also stated the grief of the US consumer, said that “the growth of our luxury division would continue to drive.”

“Today, we are quite bullish in the US, for sure in the emerging markets, it is a terrible question in our fortress and China,” he said.

Hieronimus did not weigh around the implications of new US policies around the Administration of President Donald Trump.

Answer an extra question about the potential of US rates. The economist could warn Sugar Inflation And the elimination of Consumer Consumer in markets like China and directed markets – Hieronimus said they have been “many unknown” in the macroeconomic environment.

L’OREAL’s full-year sales were 5.1% and 43.48 million euros for 43.33 billion euros, reported on Thursday.

The shares closed by 3.5% on Friday, while investors digested results, extending more than 20% last year.