L’Oréal Group Exceeds €20 Billion Sales in H1, China’s Dermatological Beauty and Luxe divisions Stand Out

Aug 03, 2023

On July 28th, French beauty giant L’Oréal Group released its financial data for the first half of 2023, ending on June 30th:
In the first half of the year, the company achieved sales of €20.57 billion, marking a 13.3% year-on-year growth and the first time it surpassed €20 billion in sales for a half-year period (quoted from the group’s analyst conference call). The second-quarter sales reached €10.194 billion, representing a 13.7% increase at constant exchange rates compared to the same period in 2022. The operating profit margin rose by 30 basis points to 20.7%, and earn …