L ‘Oreal FY 2022 Sales Rose 18.5% to €38.3 billion, Holding More Than 30% of China’s Luxury Beauty Market

2月 13, 2023

Feb.9, L’Oréal Group announced its financial figures for the Q4 and full fiscal year 2022 ended 31 December 2022: In Full Year, sales increased by 18.5% to €38.26 billion reportedly and by 10.9% on an LFL basis. In Q4, sales rose 13.5%, reportedly to €10.32 billion and 8.1% on an LFL basis.

Commenting on the figures, Nicolas Hieronimus, CEO of L’Oréal, said, “We achieved a remarkable performance this year, thanks to our innovation leadership, our highly desirable brands, our operational agility, and the tremendous commitment of our teams. Comparable growth vs. 2019 …