Occupying 14% Of the Global Beauty Market, L’Oréal Group Says It Will “Continue to Invest Effectively in Brands”

1月 31, 2023

At the beginning of 2023, French conglomerate L’Oréal Group issued a letter to shareholders for 2022/23.
Group CEO Nicolas Hieronimus first reviewed the key financial data of the first three quarters of fiscal 2022 as of September 30. He revealed sales of 27.94 billion euros, which represented a consolidated increase of 20.5%, a year-on-year increase of 12%, with growth across all sectors and regions.

The shareholder letter also reviewed the important speeches made by several executives of the L’Oréal Group at the annual investor day event. Christophe Babule, chief financ …