L'Oreal says hopes to return to sales growth in second quarter
PARIS (Reuters) - L'Oreal (PAR:OR) Chief Executive Jean-Paul Agon said he expected the French cosmetics giant to return to sales growth in the second quarter after posting a small drop in the first three months of the year.
"We expect growth to get back on a solid basis as early as the next quarter," Agon said during a conference call with analysts on Monday.
(Reporting by Astrid Wendlandt; Editing by James Regan)