Financial News

L’Oréal Reports Strong Growth in First Half

Combination of "powerful R&I and unique marketing creativity" delivered "groundbreaking innovations," according to CEO Nicolas Hieronimus.

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By: Christine Esposito

Editor-in-Chief

“In the first half, we delivered strong growth of +7.3%, well-balanced between value and volume and strengthened our global leadership in a beauty market that remains dynamic,” Nicolas Hieronimus, CEO of L’Oréal, said upon release of the company’s half-year results. In the first six months, sales were €22.12 billion ($23.92 billion), up +7.5% reported. Like-for-like sales grew by +7.3%. “Our continued strong momentum in emerging markets, Europe and North America allowed us to mo...

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