2024 Annual Results

Solid +5.1% Growth in a Challenging Context Record Results, Reaching 20% Operating Margin Sales: 43.48 billion euros, +5.6% reported and +5.1% like-for-like1. Another year of outperformance in a normalising global beauty market. Like-for-like growth in all Divisions with three out of four outperforming the market. Like-for-like growth in all regions except North Asia. Growth driven by both value and volume. Record operating margin at 20.0% (+20bps and +40bps excluding Aesop). Earnings per share2: 1 ...