Strong China business is the focus of L’Oréal’s earnings report.
Today, L’Oréal Group announced key financial figures for 2022 and the fourth quarter. The data show that last year L’Oréal posted sales of €38.26 billion and reported growth of 18.5%, the highest sales and growth record in 10 years. Sales and sales volume growth were balanced, with the e-commerce segment accounting for 28% of sales and a significant increase in operating margin of 19.5 %.
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