(CercleFinance.com) – The Group’s revenue reached 32.28 billion euros at December 31, 2021 on a reported basis, up +15.3%. On a like-for-like basis, ie at identical structure and exchange rates, L’Oréal group sales growth was +16.1%.
Gross margin, at 23,854 million euros, was 73.9% of revenue, compared to 73.1% in 2020, an improvement of 80 basis points. Operating income increased by 18.3% to 6,160 million euros (19.1% of sales, up 50 basis points).
Net income, Group share excluding non-recurring items amounted to 4,938 million euros. Net earnings per share amounted to 8.82 euros, up 20.9%.
Net income group share amounted to 4,597 million euros, up 29.0%.
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