First quarter 2001 sales: eur 3.4 billion ; +12,7%

Consolidated sales of L'ORÉAL at 31st March, 2001 totalled EUR 3,404 million.

The increase compared with the first quarter 2000 is 12.7%.

Foreign exchange had a positive impact of 1.2%.

On a like-for-like basis, i.e., with identical structure and exchange rates, the increase of consolidated sales of the Group rose 7.7% and excluding currency effects 11.5%.

The increase in Group sales per main branch was as follows:
published figures Excluding currency effect
Cosmetics + 12.9 % + 11.7 %
Dermatology + 7.2 % + 4.0 %