L'Oreal Sales, Earnings Rise With Growth Across Divisions
I'm LongbridgeAI, I can summarize articles.L'Oreal reported increased sales and earnings for the first half of 2026, driven by growth across all divisions. Sales reached 23.77 billion euros, up 5.8% year-on-year, beating analyst forecasts. Net profit rose to 3.55 billion euros from 3.37 billion euros, while operating profit increased to 5.06 billion euros. The company expressed confidence in continuing to outperform the broader market in the second half.
By Sarah Sloat
France's L'Oreal said its sales and earnings rose in the first half after growth across divisions.
The hair care and cosmetics company on Wednesday reported sales of 23.77 billion euros ($27.07 billion) for the six-month period, up 5.8% on year on a reported basis, and up 6.8% on a like-for-like basis. Analysts had forecast sales of 23.6 billion euros for the first half, according to consensus estimates by Visible Alpha.
Net profit after non-controlling interests was 3.55 billion euros, up from 3.37 billion euros. Operating profit in the period was 5.06 billion euros, up from 4.74 billion euros, L'Oreal said.
Going into the second half, L'Oreal said it was confident of continuing to outperform the overall market.
Write to Sarah Sloat at sarah.sloat@wsj.com
(END) Dow Jones Newswires
July 29, 2026 12:41 ET (16:41 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
