[ET Net News Agency, 24 July 2018] L'Occitane (00973) said the group's net sales grew
by 6.2% at reported rates and 12.3% at constant rate for the three months ended 30 June
2018 to EUR296.8 million.
The US was the market with highest growth in local currency at 73.7%. Hong Kong and
China also recorded impressive growth of 25.5% and 12.5% in local currency respectively.
Brazil and Russia both posted high single-digit growth in local currency.
The group's same store sales for the three months ended 30 June 2018 increased by 0.6%.
The group's store network rationalization continued, with net 7 closings during the
quarter (same period last year: 4 net openings). The stores closed were mainly in the US
and Brazil. (SC)