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L'Oreal Baltic reports EUR 40.6 million in 2015 turnover
BC, Riga, 14.07.2016.
Print version
Print versionL’Oreal Baltic cosmetics distributor closed last year with EUR 40.6 mln in turnover, according to information from Firmas.lv writes LETA.
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The company’s turnover dropped by 2% from 2014 when its turnover was EUR 41.4 mln. Last year, L’Oreal Baltic made EUR 2.64 mln profit, which was a 9% rise from 2014 when its profit was EUR 2.42 mln.
The company’s management said in the report that L’Oreal Baltic continued the wholesale of L’Oreal cosmetics, perfumery, health care and hygiene products. The company operated in accordance with the centralized purchase scheme, buying up goods at L’Oreal plants and storing them at its central Baltic storehouse in Dommo business park in Riga.
L'Oreal Baltic' was established in 2000, and also operates subsidiaries in Estonia and Lithuania. L’Oreal Baltic belongs to the Paris-registered L’Oreal.
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