Emerging markets into cosmetic giant 'lifeline'

by:Lisson     2020-11-25
Both procter & gamble, unilever and l 'oreal, in the past few days have disclosed in the third quarter, including Asia, emerging markets are still rising for its performance provide double-digit power support. In such a tottering economy in turmoil, whether cast off coffee business trying to 'lean' procter & gamble or relying on food and cosmetic 'walking on two legs' unilever are realized, take hold of the hands of the 'emerging markets' brand is the best magic weapon to through the crisis. There is no doubt that the future in the market competition will be more intense. Sales keep growing month day, still the world's largest cosmetics group, l 'oreal unveiled its sales in the first. Data show that in the first three quarters of this year, to reach the global sales of l 'oreal group in total. Million euros. In the first three quarters year-on-year growth in sales. %。 Released last week, procter & gamble and unilever, between this year and month results also showed that the two companies actual performance are better than market expectations. Unilever in third-quarter net profit increase % to hundred million euros ( Us $) 。 The adjusted profit before tax increase % to hundred million euros, more than analysts had expected profits billions of euros. Procter & gamble in the third quarter net sales growth for %, $$. Excluding currency factors such as organic sales growth also reached the %. Emerging markets into 'high performance' in European and American market sales slowdown momentum at the same time, the double-digit growth in Asia and other regions become the main push these cosmetic giants continue upward momentum. Data show that in the first nine months of l 'oreal sales in Western Europe. Hundred million euros, comparable growth. %; In North America, in the first three quarters of total sales. Hundred million euros, comparable to negative growth. %。 But in Asia, before the sales totaled in September. Hundred million euros, comparable increase. %。 Asia excluding Japan, rose still up to %. Unilever has focused attention on the Asian market. The company earnings in the quarter, according to the basic sales growth in the third quarter this year. %, the year in the first nine months. %。 According to the specific market, India's growth to achieve %, China is %.
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