L’Occitane International, the French skincare group listed on the Hong Kong Stock Exchange (HK:973), announced its full-year financial results for the fiscal year ending March 31, 2023. The company achieved a significant milestone by surpassing €2 billion in sales, reaching €2.13 billion, representing a growth of 19.8% at constant exchange rates, driven by the outstanding performance of Sol de Janeiro and the steady growth of ELEMIS.
During the reporting period, operating profit decreased by 23.0% to €239 million (compared to €311 million in the previous fiscal year). The decre …
