05 - 06 June 2024 in Munich CosmeticBusiness



29/02/2024 CosmeticBusiness

L'Oréal with Significant Growth in 2023

The Financial Year 2024 to Be Characterised by Beauty Tech

L'Oréal closed the 2023 financial year with sales of 41.18 billion euros. Compared to the previous year, this corresponds to an increase of 7.6 per cent reported or 11.0 per cent like-for-like. According to the Group, it was able to grow in all business divisions. This growth was most pronounced in the consumer goods (8.2 per cent reported / 12.6 per cent like-for-like) and dermatological beauty (25.5 per cent reported / 28.4 per cent like-for-like) categories. CEO Nicolas Hieronimus is optimistic about future developments. He sees Beauty Tech as an important topic for the upcoming financial year, where he wants to play a leading role with his group. Further information …

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