L’Occitane Latest Results: 9-Month Net Sales up 16.5% to €1.6 billion as Sol de Janeiro Keeps Buoyant

2月 03, 2023

January 31, L’Occitane International S.A. announced its unaudited quarterly update for the period ending on December 31, 2022.
As a result of challenging macroeconomic conditions in certain key markets, overall sales in FY2022-23 Q3, ending on December 31, 2022, recorded  702 million euros.

Besides this, in the nine months following up to December 31, 2022 (FY2023 9M), the Group’s net sales amounted to €1,602.3 million, representing 16.5% growth at reported rates and 10.6% growth at constant rates.
On a like-for-like basis, i.e., excluding Russia due to the Group’s …