L’Oréal Hits €20B Sales With Record Double-Digit Growth Across Categories via Personal Care Insights

24 August 2023

The beauty giant L’Oréal is experiencing “continued strong growth” with €20.57 billion (US$22.69 billion) in sales in the year’s first half. Its Consumer Products Division had a record half-year performance, growing +15.0% like-for-like, and increased sales of €1 billion (US$1.1 billion).

“In a beauty market that is more dynamic than ever, L’Oréal delivered a remarkable performance and further strengthened its global leadership in the first half. Growth was broad-based across all divisions, regions, categories and channels, once again vindicating our balanced, multi-polar model,” says Nicolas Hieronimus, CEO at L’Oréal.

 

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