L’Oréal is the world’s largest cosmetics and beauty company, headquartered in France, and reported strong financial results for the year 2024.
📊 Financial Results for 2024
-
Revenue: €43.48 billion (+5.6% reported, +5.1% like-for-like)
-
Operating Profit: €8.69 billion (20% margin, +6.7% from 2023)
-
Net Profit (Group share): €6.41 billion (+3.6%)
-
Earnings Per Share (EPS): €12.66 (+4.8%)
-
Dividend: €7.00 per share (+6.1%)
(Source: loreal-finance.com)
💼 Business Segment Performance
-
Professional Products: €4.89 billion (+5.3%)
-
Consumer Products: €15.98 billion (+5.4%)
-
L’Oréal Luxe: €15.59 billion (+2.7%)
-
Dermatological Beauty: €7.03 billion (+9.8%)
🌍 Regional Performance
-
Europe: €14.21 billion (+8.2%)
-
North America: €11.81 billion (+5.5%)
-
North Asia: €10.30 billion (–3.2%)
-
SAPMENA–SSA (South Asia Pacific, Middle East, North Africa, Sub-Saharan Africa): €3.86 billion (+12.3%)
-
Latin America: €3.30 billion (+11.0%)
📈 E-commerce & Innovation
-
Online Sales: €12.3 billion (+7.8%), accounting for 28.2% of total sales
-
Innovation: Won 7 awards at CES 2024
-
Beauty Tech: Continues to lead in beauty-tech innovation
🔮 Outlook for 2025
-
Revenue Growth Forecast: 3–5%
-
EPS Growth Forecast: 6–8%
-
Dividend per Share: €7.00
-
Share Buyback Program: €2 billion
-
Long-Term Forecast: Revenue projected to exceed €40 billion by 2031
(Source: Nasdaq)