On February 8, L’Oréal Group, the French cosmetics giant, announced its financial results for the fiscal year ending December 31, 2023. The company reported a 7.6% increase in annual sales to €41.18 billion, with a consolidated growth of 11.0% over the previous year.
Following the announcement, L’Oréal’s CEO Nicolas Hieronimus, CFO Christophe Babule, and the presidents of the group’s four major business divisions attended an analyst conference call. During the call, the executives reviewed the achievements of 2023 and discussed the company’s future growth …
