2000 First Half Sales:
Eur 6.15 Billion ; + 14.5 % Investors-Shareholders

L'OREAL'S consolidated sales for the first half 2000 totalled EUR 6.15 billion (FRF 40.33 billion).

It sales growth compared with the first half 1999 is 14.5 %.

Currency effects had a positive impact of 6.2 %.

On a comparable basis, i.e. with identical structure and exchange rates, the increase of consolidated sales of the group rose by 8.1 % and, excluding currency effects, by 8.2 %.

Sales growth per main branch was as follows :

  On published figures Excluding currency effects
· Cosmetics + 14.5 % + 8.4 %
· Dermatology + 13.1 % + 2.9 %

The KIEHL'S and MATRIX purchases are now completed and will be consolidated from July 2000.