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    Brief: Middle East conflict had around impact of around 100 mln euros on Q1 turnover, CEO says

    Picture of Loreal SA logoLoreal SA
    24/04/2026 11:17
    Adds dropped company name to headline

April 24 (Reuters) - L'Oreal OREP.PA CEO tells shareholders:

L'OREAL CEO: CONFLICT IN MIDDLE EAST HAD AN IMPACT OF AROUND 100 MILLION EUROS ON FIRST QUARTER TURNOVER

L'OREAL CEO: EXPECT IMPACT OF TARIFFS THIS YEAR TO BE ABOUT DOUBLE THAT OF LAST YEAR'S 100 MILLION EUROS

L'OREAL CEO: WILL START TO WORK ON GUCCI PROBABLY A YEAR BEFORE LICENCE WITH COTY EXPIRES IN 2028, HOPE TO GET IT A BIT EARLIER THAN THEN

Source text: [ID:]

Further company coverage: OREP.PA

 (Reporting By Dominique Patton, Writing by Dominique Vidalon)

 ((dominique.vidalon@thomsonreuters.com;))

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