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L'Oréal: expects quarterly sales to fall almost 5%

( - L'Oréal's Board of Directors has decided to postpone its AGM until 30 June 2020, from its initially scheduled date of 21 April 2020.

"The lack of visibility on the timing of an end to this health crisis leads us to suspend our guidance," it said.

"The Group will provide more information when it publishes its first quarter sales on 16 April 2020, and notes that sales over that period should evolve around -5% compared to last year".

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