This report provides insights into L'Oreal's tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives. Apart from physical stores, the company sells its products online through ecommerce platforms. The company has business presence across North America, Latin America, Europe, Asia-Pacific, Africa, and the Middle East. The company's business segments are skincare and sun protection, makeup, haircare, fragrances, hair coloring and others which i ...

L'Oréal's revenue growth has been driven by the increased fragrances and skin care products sales. While skin care saw a 65% rise in sales between 2020 and 2023, fragrance sales were up 60%. Lately, the company is seeing growth in both North America and Europe, driven by its mass market range and dermatological products. NurPhoto via Getty Images 1. L'Oréal Stock Has Outperformed Estée Lauder In The Last Three Years Given the current uncertain macroeconomic environment with high oil prices and elevated inte ...

Breakdown of 2023 sales Their revenue is well diversified across different continents and they divide their business into four divisions. There are a lot of great businesses to mention that are also operating in the beauty segment, but LRLCF is by far the largest one. Market characteristics (Grand View Research) A steadily growing market The company has managed to grow its revenue from €26.9 billion in FY 2018 to €41.2 billion in FY 2023. This comes down to a SY CAGR of 8.9%. ûn eurosl VAL L'Oreal SA (LRLCF ...

L'Oreal says it is working with start-ups and research institutions to bioprint skin that can actually "feel." PARIS, France — French beauty and cosmetics giant L'Oreal is working on a form of synthetically produced skin that it says will one day be able to "feel" like we do. At the Viva Technology conference in Paris last week, L'Oreal showed off demonstrations of "bioprinting," technology that can 3D print humanlike skin, in action. The firm has been using this tech for several years to test new makeups o ...

L’Oreal S.A. (OTCPK:LRLCF) Q4 2023 Earnings Conference Call February 9, 2024 3:00 AM ET Company Participants Nicolas Hieronimus - Chief Executive Officer Christophe Babule - Chief Financial Officer Alexis Perakis-Valat - President, Consumer Division Omar Hajeri - President, Professional Products Division Cyril Chapuy - President, L’Oreal Luxe Myriam Cohen-Welgryn - President, Dermatological Beauty Division Conference Call Participants Celine Pannuti - JPMorgan Bruno Monteyne - Bernstein Jean-Olivier Nicolai ...

ToplineThe net worth of the world’s wealthiest woman Francoise Bettencourt Meyers fell precipitously Friday as shares of L’Oreal, the French beauty company about one-third owned by the billionaire and her family, registered their worst single-day performance since the Great Recession.Francoise Bettencourt-Meyers, center, speaks to the press with her two sons in 2015.AFP via Getty Images Key FactsBettencourt Meyers and her family’s fortune fell $6.9 billion to $91.7 billion Friday, making the 70-year-old mat ...

L’Oreal shares fell as much as 8% on Friday as the cosmetics giant said it’s continuing to see pressure from mainland China and what it called the reset in travel spending. The maker of its namesake brand OR, -6.63% as well as Garnier and Lancome products said fourth-quarter comparable sales grew 6.9%, after 11% sales growth for the year. Analysts polled by Visible Alpha had expected 11.6% comparable sales growth for the year. Its annual profit rose 8% to €6.18 billion ($6.66 billion), as sales rose to € ...

LONDON — L'Oreal shares fell more than 7.3% in early deals Friday, before slightly paring losses, as the company reported lower-than-expected sales and pointed to a slowdown in demand in Asia.Shares in the stock had recovered slightly to trade down 7% by 8:20 a.m. London time.The world's largest beauty brand on Thursday reported fourth-quarter sales below estimates, rising 2.8% to 10.6 billion euros. Barclays analysts had anticipated a figure near 10.9 billion euros, according to Reuters.The company also lo ...

Even if you're not an investor that regularly swings for the fences, you've likely dreamed of hitting a proverbial grand slam that gets your portfolio over the seven-figure hump.The thing is, such trades aren't as uncommon as you might think. You just have to find the right company in the right business at the right moment. Time will take care of the rest.On that note, there's one particular technology stock that's not only already turned many patient investors into millionaires, but can continue doing so i ...

Francoise Bettencourt Meyers, the granddaughter of the founder of French beauty brand L’Oreal, cracked the $100 billion barrier — becoming the first woman to boast 12-figure fortune.Bettencourt Meyers, 70, jumped to the No. 12 spot on the Bloomberg Billionaire’s Index, after gaining a staggering $836 million as of Wednesday’s closing bell to peak at $100.2 billion. Her net worth fell slightly to $99.9 billion by the close of the day Thursday.Her wealth puts her among the world’s highest earners like Warren ...