Earnings season is underway, with key FMCG companies reporting robust results. L’Oréal’s third quarter is lifted by growth across all divisions, with the Luxe segment showing resilience in its latest quarter. Unilever sees sales jump more than expected thanks in part to its Dove products and the easing of price hike. A rebound in North America and solid sales from Nivea, Aquaphor and Eucerin helped boost Beiersdorf’s bottom line. L’Oréal sees third-quarter sales reach €32.4 billion (US$34.9 billion), a 6% increase year-over-year. Luxe accelerated for the third consecutive quarter and Professional Products maintained a steady pace.
