L'Oréal Reports 3.4% Comparable Growth Over Nine Months
L'Oréal Group announced a revenue of 32.80 billion euros as of September 30, 2025, showing an increase across major growth indicators according to its press release.
Financial Performance in Detail
In the first nine months of 2025, L'Oréal's consolidated revenue amounted to 32.80 billion euros, marking a 1.2% increase on a reported basis. On a like-for-like basis, growth reached 3.4%, with a net structural change effect estimated at 0.6%. The growth at constant exchange rates was 4.0%. Currency fluctuations had a negative impact of 2.8% as of September 30. Extrapolating these effects to the end of December, L'Oréal anticipates an impact of around -3.8% for the full year. All divisions of the group (Professional Products, Consumer Products, Luxury, and Dermatological Beauty) showed growth on a like-for-like basis, with notable results in hair care and fragrances. E-commerce recorded double-digit growth, outpacing the market.
Strategic Partnerships and Executive Appointments
L'Oréal announced a strategic partnership in luxury beauty and wellness with Kering, including the acquisition of Maison Creed, beauty and fragrance licenses for several Kering Houses, and a joint venture dedicated to wellness opportunities. The consolidation of Color Wow and Medik8, acquired in September, has been integrated into the scope. Additionally, several executive committee appointments were announced: David Greenberg as President of L'Oréal USA, Alexis Perakis-Valat as General Manager of L'Oréal USA and North America, Fabrice Megarbane as head of Consumer Products, Vianney Derville as General Manager Market Development, Emmanuel Goulin as head of the Europe Zone, and Eva Yu as head of Travel Retail.
Geographical Growth and ESG Achievements
All geographical areas recorded comparable growth, with a marked acceleration in SAPMENA-SSA (+11.0%), a continuous recovery in North America (+1.8%) and mainland China, and solid growth in Europe (+3.6%). L'Oréal continues its momentum in hair care and fragrances, while makeup shows signs of gradual improvement across several markets. In terms of environmental, social, and governance (ESG), the group received the 'Prime' classification in the ISS ESG Corporate Rating for the fourteenth consecutive year, an AA rating from MSCI, and a score of 16.6 from Sustainalytics. The company is also featured in Fortune's 'Change the World' list and mentions recognition of technological innovations in the TIME ranking.
