L’Oréal: CEO net profit of €6,184 million (+8.4%)


(CercleFinance.com) – Turnover amounted to 41.18 billion euros as of December 31, 2023, up +7.6% as reported. On a like-for-like basis, i.e. with identical structure and exchange rates, turnover increased by +11.0%.

The gross margin stood at 73.9% of turnover, up 150 basis points. Operating profit increased by +9.2% to €8,143.3 million, and represented 19.8% of turnover, an increase of 30 basis points.

Net income, Group share excluding non-recurring items, amounts to 6,487 million euros.
Net Profit Per Share is 12.08 euros, an increase of +7.3%.

Net income, group share, came to 6,184 million euros, an increase of +8.4%. Operating cash flow, at 6,116 million euros, increased by 23.9%.

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