{"id":118433,"date":"2023-07-28T16:13:12","date_gmt":"2023-07-28T14:13:12","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/loreal-outperformed-in-the-first-half-of-2023\/"},"modified":"2023-08-26T00:40:34","modified_gmt":"2023-08-25T22:40:34","slug":"loreal-outperformed-in-the-first-half-of-2023","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/loreal-outperformed-in-the-first-half-of-2023\/","title":{"rendered":"L’Or\u00e9al outperformed in the first half of 2023 "},"content":{"rendered":"

[vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”administrator,editor,author,armember”][vc_column][vc_column_text]<\/p>\n

L’Or\u00e9al, the French cosmetics giant, made a net profit of 3.36 billion euros in the first half of 2023. It is up 4%, driven by sales growth around the world and across all product categories.
\n<\/h4>\n

 <\/p>\n

For the first half of the year, L’Or\u00e9al recorded net income of \u20ac3.36 billion, up 4%<\/strong> over the same period in 2022.<\/p>\n

 <\/p>\n

Between January and June, sales reached 20.5 billion euros, up 12% year-on-year<\/strong>. The operating margin is also up slightly by 20.7%.<\/p>\n

 <\/p>\n

“Given the context, we are very happy. The global beauty market was at +10%, we\u2019re back on top<\/em>,” Nicolas Hieronimus, the group\u2019s managing director, told AFP. He sees “the second half of the year with confidence, ambition and some optimism<\/em>“.<\/p>\n

 <\/p>\n

It is also possible to see that all divisions of the group are progressing<\/strong>. The consumer sector<\/strong><\/em>, which includes brands such as Garnier, Maybelline and Mixa, recorded its best half-year growth. Sales increased by one billion euros over the period to reach 7.7 billion euros (+13% compared to 2022).<\/p>\n

 <\/p>\n

Sales of the luxury division<\/strong><\/em> with brands such as Saint Laurent Beaut\u00e9, Lanc\u00f4me and Prada rose by 6% to 7 billion euros. The group states that they were driven by “double-digit growth in Europe, North America and emerging countries<\/em>“.<\/p>\n

 <\/p>\n

The Dermatology<\/strong><\/em> branch with brands such as Av\u00e8ne and La Roche-Posay achieved the best increase<\/strong> at 3.3 billion euros ( +29%).<\/p>\n

 <\/p>\n

Geographically, Europe is performing “remarkably well<\/em>” as Nicolas Hieronimus points out, with an increase of 16.6% to 6.5 billion euros, driven by the Germany-Austria-Switzerland region, France and the United Kingdom.<\/p>\n

 <\/p>\n

North-East Asia, almost stable with an increase of +0.6%, “starts again more slowly than expected but surely. In our second quarter in China, we have achieved double-digit growth, between 15 and 18%<\/em>,” says L’Or\u00e9al\u2019s CEO.<\/p>\n

 <\/p>\n

While the vast majority of luxury groups in all sectors experienced a slowdown in their sales in Uncle Sam\u2019s country, those in L’Or\u00e9al are up 15% to 5.3 billion euros<\/strong>.<\/p>\n

 <\/p>\n

Read also >Kendall Jenner: the new face of L\u2019Or\u00e9al<\/a><\/p>\n

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Featured photo : \u00a9Press[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]<\/p>\n

<\/h4>\n

L’Or\u00e9al, the French cosmetics giant, made a net profit of 3.36 billion euros in the first half of 2023. It is up 4%, driven by sales growth around the world and across all product categories.<\/h4>\n

<\/p>\n

 <\/p>\n

For the first half of the year, L’Or\u00e9al recorded net income of \u20ac3.36 billion, up 4%<\/strong> over the same period in 2022.<\/p>\n

 <\/p>\n

Between January and June, sales reached 20.5 billion euros, up 12% year-on-year<\/strong>. The operating margin is also up slightly by 20.7%.<\/p>\n

 <\/p>\n

“Given the context, we are very happy. The global beauty market was at +10%, we\u2019re back on top<\/em>,” Nicolas Hieronimus, the group\u2019s managing director, told AFP. He sees “the second half of the year with confidence, ambition and some optimism<\/em>“.<\/p>\n

 <\/p>\n

It is also possible to see that all divisions of the group are progressing<\/strong>. The consumer sector<\/strong><\/em>, which includes brands such as Garnier, Maybelline and Mixa, recorded its best half-year growth. Sales increased by one billion euros over the period to reach 7.7 billion euros (+13% compared to 2022).<\/p>\n

 <\/p>\n

Sales of the luxury division<\/strong><\/em> with brands such as Saint Laurent Beaut\u00e9, Lanc\u00f4me and Prada rose by 6% to 7 billion euros. The group states that they were driven by “double-digit growth in Europe, North America and emerging countries<\/em>“.<\/p>\n

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[\/vc_cta][vc_column_text]Featured photo : \u00a9 Press[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”subscriber,customer”][vc_column][vc_column_text]<\/p>\n

<\/h4>\n

L’Or\u00e9al, the French cosmetics giant, made a net profit of 3.36 billion euros in the first half of 2023. It is up 4%, driven by sales growth around the world and across all product categories.<\/h4>\n

<\/p>\n

 <\/p>\n

For the first half of the year, L’Or\u00e9al recorded net income of \u20ac3.36 billion, up 4%<\/strong> over the same period in 2022.<\/p>\n

 <\/p>\n

Between January and June, sales reached 20.5 billion euros, up 12% year-on-year<\/strong>. The operating margin is also up slightly by 20.7%.<\/p>\n

 <\/p>\n

“Given the context, we are very happy. The global beauty market was at +10%, we\u2019re back on top<\/em>,” Nicolas Hieronimus, the group\u2019s managing director, told AFP. He sees “the second half of the year with confidence, ambition and some optimism<\/em>“.<\/p>\n

 <\/p>\n

It is also possible to see that all divisions of the group are progressing<\/strong>. The consumer sector<\/strong><\/em>, which includes brands such as Garnier, Maybelline and Mixa, recorded its best half-year growth. Sales increased by one billion euros over the period to reach 7.7 billion euros (+13% compared to 2022).<\/p>\n

 <\/p>\n

Sales of the luxury division<\/strong><\/em> with brands such as Saint Laurent Beaut\u00e9, Lanc\u00f4me and Prada rose by 6% to 7 billion euros. The group states that they were driven by “double-digit growth in Europe, North America and emerging countries<\/em>“.<\/p>\n

[…][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\n

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[\/vc_cta][vc_column_text]Featured photo : \u00a9 Press[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”administrator,editor,author,armember”][vc_column][vc_column_text] L’Or\u00e9al, the French cosmetics giant, made a net profit of 3.36 billion euros in the first half of 2023. It is up 4%, driven by sales growth around the world and across all product categories.<\/p>\n","protected":false},"author":1,"featured_media":117485,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"L'Or\u00e9al, the French cosmetics giant, made a net profit of 3.36 billion euros in the first half of 2023.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[24],"tags":[22972,22532,22942,23008],"class_list":["post-118433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-india","tag-khol","tag-pink","tag-retail-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/118433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=118433"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/118433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/117485"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=118433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=118433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=118433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}