L’OREAL 2015 Annual Results, +12.1% Increase !
STRONG SALES GROWTH: +12.1% BASED ON REPORTED FIGURES
FURTHER INCREASE IN OPERATING MARGIN
STRONG GROWTH IN EARNINGS PER SHARE*
Commenting on the annual results, Mr Jean-Paul Agon, Chairman and CEO of L'Oréal, said:
"In a year marked by a worldwide economic slowdown and increased international volatility, L'Oréal achieved strong growth in 2015, supported by a positive monetary effect, and outperformed the market in three of its four Divisions”
Looking to know more about L’OREAL, do not hesitate to contact us for specific analysis made by our Practice FRAGRANCES & COSMETICS
STRONG SALES GROWTH: +12.1% BASED ON REPORTED FIGURES
FURTHER INCREASE IN OPERATING MARGIN
STRONG GROWTH IN EARNINGS PER SHARE*
- Sales: 25.26 billion euros
- +12.1% based on reported figures
- +4.9% at constant exchange rates
- +3.9% like-for-like
- +12.1% based on reported figures
- Operating profit: 4.388 billion euros, representing 17.4% of sales
- Earnings per share*: 6.18 euros, an increase of 15.7%
- Dividend**: +14.8% at 3.10 euros
Commenting on the annual results, Mr Jean-Paul Agon, Chairman and CEO of L'Oréal, said:
"In a year marked by a worldwide economic slowdown and increased international volatility, L'Oréal achieved strong growth in 2015, supported by a positive monetary effect, and outperformed the market in three of its four Divisions”
Looking to know more about L’OREAL, do not hesitate to contact us for specific analysis made by our Practice FRAGRANCES & COSMETICS
Commenting on the annual results, Mr Jean-Paul Agon, Chairman and CEO of L'Oréal, said:
"In a year marked by a worldwide economic slowdown and increased international volatility, L'Oréal achieved strong growth in 2015, supported by a positive monetary effect, and outperformed the market in three of its four Divisions”
The Active Cosmetics Division has once again demonstrated its great momentum all over the world, and is strengthening its leadership in a dynamic dermocosmetics market. L'Oréal Luxe delivered another year of robust growth, driven by the strength of its brand portfolio and its cutting-edge innovations. The Professional Products Division is reaping the benefits of its initiatives to stimulate the professional beauty market, and continues to improve steadily. Finally, the Consumer Products Division did not outperform its market, but improved in the second half, thanks especially to the powerful acceleration in the make-up category.
Across the geographic zones, L'Oréal has further accentuated its leadership in Europe, and significantly strengthened its performance in North America through the course of the year. Trends in the New Markets were more contrasted, in a context that was challenging in some countries, such as Brazil and Russia.
E-commerce sales*** reached 1.3 billion euros, reflecting very rapid growth, and accounted for more than 5% of Group sales.
The growth in sales, earnings per share* and dividend, supported by the positive currency effect, once again illustrates the quality and robustness of the L'Oréal business model.
In a volatile and uncertain economic environment, particularly in some emerging countries, the Group can rely on its balanced footprint across beauty categories, distribution channels and geographic zones. We are entering 2016 with the ambition to outperform the cosmetics market and achieve another year of sales and profit growth."
* Diluted earnings per share, based on net profit from continuing operations, excluding non-recurring items, attributable to owners of the company.
** Proposed at the Annual General Meeting of April 20, 2016.
*** Sales achieved on L’OREAL brands' own websites + estimated sales achieved by our brands corresponding to sales through our retailers' websites (non-audited data); like-for-like growth.
Looking to know more about L’OREAL, do not hesitate to contact us for specific analysis made by our Practice FRAGRANCES & COSMETICS
"In a year marked by a worldwide economic slowdown and increased international volatility, L'Oréal achieved strong growth in 2015, supported by a positive monetary effect, and outperformed the market in three of its four Divisions”
The Active Cosmetics Division has once again demonstrated its great momentum all over the world, and is strengthening its leadership in a dynamic dermocosmetics market. L'Oréal Luxe delivered another year of robust growth, driven by the strength of its brand portfolio and its cutting-edge innovations. The Professional Products Division is reaping the benefits of its initiatives to stimulate the professional beauty market, and continues to improve steadily. Finally, the Consumer Products Division did not outperform its market, but improved in the second half, thanks especially to the powerful acceleration in the make-up category.
Across the geographic zones, L'Oréal has further accentuated its leadership in Europe, and significantly strengthened its performance in North America through the course of the year. Trends in the New Markets were more contrasted, in a context that was challenging in some countries, such as Brazil and Russia.
E-commerce sales*** reached 1.3 billion euros, reflecting very rapid growth, and accounted for more than 5% of Group sales.
The growth in sales, earnings per share* and dividend, supported by the positive currency effect, once again illustrates the quality and robustness of the L'Oréal business model.
In a volatile and uncertain economic environment, particularly in some emerging countries, the Group can rely on its balanced footprint across beauty categories, distribution channels and geographic zones. We are entering 2016 with the ambition to outperform the cosmetics market and achieve another year of sales and profit growth."
* Diluted earnings per share, based on net profit from continuing operations, excluding non-recurring items, attributable to owners of the company.
** Proposed at the Annual General Meeting of April 20, 2016.
*** Sales achieved on L’OREAL brands' own websites + estimated sales achieved by our brands corresponding to sales through our retailers' websites (non-audited data); like-for-like growth.
Looking to know more about L’OREAL, do not hesitate to contact us for specific analysis made by our Practice FRAGRANCES & COSMETICS
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