31 Jul 2024 --- L’Oréal gains €22.12 billion (US$23.94 billion) in sales due to “positive momentum in all divisions,” with Dermatological Beauty and Consumer Products leading the way. Net profit increased by 8.8% to €3.65 billion (US$3.95 billion) so far this year. However, China’s “depressed market” led to low single-digit growth. The cosmetics conglomerate achieved +7.3% like-for-like and +7.5% reported as a result of “continued outperformance of the global beauty market.”
