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Kao Group, owner of Kanebo and Molton Brown reports gouble digit 2013 growth

Japanese beauty group Kao, owner of several brands including Kanebo and Molton Brown reports a 21,9 percent increase in net profit for 2013 to 64,76 billion  Yens (480 million euro), thanks to solid performance in Japan and China. Kao Group’s turnover in 2013 increase by 7,8% to 1.315,22 billion Yen (9,14 billion euros), also thanks to the depreciation of the currency. For the 2014, Kao expects a 4% increase in turnover and up to 16% in net profit.

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