L'Oreal Sales, Earnings Rise With Growth Across Divisions
By Sarah Sloat
France's L'Oreal said its sales and earnings rose in the first half after growth across divisions.
The hair care and cosmetics company on Wednesday reported sales of 23.77 billion euros ($27.07 billion) for the six-month period, up 5.8% on year on a reported basis, and up 6.8% on a like-for-like basis. Analysts had forecast sales of 23.6 billion euros for the first half, according to consensus estimates by Visible Alpha.
Net profit after non-controlling interests was 3.55 billion euros, up from 3.37 billion euros. Operating profit in the period was 5.06 billion euros, up from 4.74 billion euros, L'Oreal said.
Going into the second half, L'Oreal said it was confident of continuing to outperform the overall market.
Write to Sarah Sloat at sarah.sloat@wsj.com
(END) Dow Jones Newswires
July 29, 2026 12:41 ET (16:41 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy Before They Rise Further
2 Undervalued Stocks to Buy Before They Rebound
The 10 Best Companies to Invest in Now
The 10 Best Dividend Stocks
