L’Oreal SA ( (LRLCY) ) has released its Q4 earnings. Here is a breakdown of the information L’Oreal SA presented to its investors.
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L’Oreal SA, a leading global beauty company, specializes in cosmetics, skincare, haircare, and perfumes, offering a diverse portfolio of renowned brands worldwide. In its 2024 earnings report, L’Oreal SA highlighted a solid performance with a +5.1% growth in a normalizing global beauty market, achieving record results with a 20% operating margin. The company’s financial performance showcased sales reaching 43.48 billion euros, a +5.6% increase from the previous year. Earnings per share rose by +4.8% to 12.66 euros, and a dividend of 7.00 euros was proposed, marking a +6.1% increase. The Dermatological Beauty Division led growth with a +9.8% increase, while other divisions also performed robustly. L’Oreal’s strategic moves included acquiring stakes in Galderma and Amouage, enhancing its portfolio and market reach. Looking forward, L’Oreal remains optimistic about the global beauty market, aiming for continued growth through innovation and strategic initiatives, as outlined by its management.
