L’Oréal Reports 6.8% Sales Growth in First Half of 2026
French cosmetics giant L'Oréal reported first-half sales of €23.77 billion for the period, representing a like-for-like increase of 6.8%. On an adjusted basis—excluding IT transformation effects—the growth was 6.5%. The company's operating profit rose to €5.06 billion (21.3% margin), while net profit excluding non-recurring items reached €3.95 billion, up by 4.7%. All four divisions saw positive performance, with professional products and dermatological beauty leading at adjusted LfL growth of 11.6% and 10.6%, respectively. Regionally, SAPMENA-SSA recorded the highest regional increase at 13.8%, followed by North America (6.7%) and Europe (6.1%). The company also announced a long-term licensing agreement with Kering for Gucci-branded beauty products starting in July 2027, pending regulatory approval. Additionally, L'Oréal acquired Innovist, an Indian personal care firm.
Topics: M&A operating profit regional growth sales