LOréals 2013 Q1 sales rose 5.5% above market expectations to €5.93bn fueled by strong performances in the US and Latin America. Growth from the mass market division - LOréal Paris, Garnier, Maybelline - increased by 6.5% compared with 5.8% in Q4 of 2012 and 5.1% in Q1 of 2012. Top end products including Kiehls, YSL Beauté and Lancôme, expanded by 7.2% compared with 6.2% in Q4 of 2012.
European sales rose 1,7% compared with 6.3% in North America and they slowed to 7.7% in Asia after rising 15.5% in the year earlier period. Growth in Latin America reached 11.8% and 9.2% in eastern Europe with the Russian market alone posting a rise of 15%.