(AOF) – Over the first three months of 2024, L’Oréal’s turnover amounted to 11.24 billion euros, up 8.3% as reported. On a like-for-like basis, i.e. with identical structure and exchange rates, turnover increased by 9.4%. The Europe zone is off to a spectacular start to the year, with a turnover of 3.73 billion euros, an increase of 12.6% like-for-like and 12.2% based on published data. North America’s revenue rose sharply by +12.3% like-for-like and +11.9% based on published data.
In this region, sales amount to 3.01 billion euros.
In addition, the Dermatological Beauty Division recorded remarkable growth of 21.9% like-for-like and 19.6% based on published data. Sales of this division amounted to 2.01 billion euros.
The Professional Products Division recorded strong growth of 10.7% like-for-like and 8.7% based on published data. Sales for this division amounted to 1.24 billion euros. This growth includes a favorable impact of phasing linked to the implementation of new IT systems in North America. This impact represents just under half of the division’s total growth.
Professional Products are progressing in all geographies, with remarkable performances in North America, the United Kingdom, mainland China, Brazil
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