L'OREAL STAYS ITS COURSE ANOTHER QUARTER OF DOUBLE-DIGIT GROWTH.
Sales:
Third quarter sales: +11.1% like-for-like1. Sustained outperformance of the global beauty market.
Continued growth in both volume and value.
Growth in all Divisions with very strong performance of the L'Oreal Dermatological Beauty and Consumer Products Divisions.
Double-digit growth in all regions, except
Very balanced, double-digit growth offline and online.
Completion of the acquisition of Aesop on 30 August.
Creation of the
EcoVadis Platinum Medal for environmental and social performance with a score of 83/100, putting
Commenting on the figures,
'I am very proud of the performance of our teams in the first nine months. The beauty market remains exceptionally dynamic, and
Despite the slower than expected recovery of the beauty market in mainland
In a context of continued economic and geopolitical uncertainty, we remain confident in our ability to keep outperforming the market and achieve in 2023 another year of growth in sales and profits. We are optimistic about the outlook for the beauty market and remain ambitious for the future.'
SALES AT
Like-for-like, i.e., based on a comparable scope of consolidation and constant exchange rates, sales of the
The net impact of changes in the scope of consolidation was +1.4%.
Growth at constant exchange rates came out at +14.0%.
Currency fluctuations had a negative impact of -4.6%. If the exchange rates at
i.e.
Based on reported figures, the Group's sales at
Sales by Division and Region: See full release at:
https://www.loreal-finance.com/eng/news-release/sales-30-september-2023
About
For over 110 years,
With 87,400 committed employees, a balanced geographical footprint and sales across all distribution networks
(e-commerce, mass market, department stores, pharmacies, hair salons, branded and travel retail), in 2022 the Group generated sales amounting to
More information on https://www.loreal.com/en/mediaroom
L'OREAL CONTACTS
Switchboard
+33 (0) 1 47 56 70 00
Individual shareholders and market authorities
+33 (0)1 49 64 18 89
pascale.guerin@loreal.com
Investor relations
Francoise Lauvin
+33 (0)1 47 56 86 82
francoise.lauvin@loreal.com
+33 (0)7 88 14 22 65
eva.quiroga@loreal.com
Media
Brune Diricq
+33 (0)6 63 85 29 87
brune.diricq @loreal.com
+33 (0)6 75 54 38 15
christine.burke@loreal.com
For more information, please contact your bank, broker or financial institution (I.S.I.N. code: FR0000120321), and consult your usual newspapers, the website for shareholders and investors, www.loreal-finance.com or the L'Oreal Finance app; alternatively, call +33 (0)1 40 14 80 50.
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