L'Oreal: Great For The Long-Term Dividend Growth Investor, But Not At This Price
L'Oreal(LRLCY) Seeking Alpha·2024-06-15 08:12
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 ...