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L'Oreal beauty sales recovery accelerates, helped by China

PARIS, April 15 (Reuters) - Lancome maker L’Oreal on Thursday reported a stronger than expected 10.2% rise in comparable first-quarter sales from a year earlier, helped by strong growth in China.

The French group had begun to recover already from the worst of the COVID-19 pandemic’s hit to revenues, as retailers re-opened in much of Asia.

The pace of sales growth in the first three months of 2021 picked up further from the 4.8% rise notched up in the fourth quarter. (Reporting by Sarah White; Editing by Jan Harvey)

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