L’Oréal reports USD 13.5B in  sales for  Q1 FY25

FRANCE – L’Oréal Groupe has announced a strong financial report for Q1 FY25, reporting € 11.73 billion(USD 13.49 billion) in sales.

This reflects a 4.4% sales increase and a like-for-like growth of 3.5%.

Nicolas Hieronimus, CEO of L’Oréal, stated, “In what has been a particularly challenging and volatile operating environment, L’Oréal has started the year with growth in line with our projections.”

“There were some good and some less good surprises: the US were more challenging than anticipated, while China was slightly better than expected.”

L’Oréal’s Professional Products Division reported a 1.6% like-for-like growth and 2.7% reported growth, driven by strong performance in premium hair care through its omnichannel approach and efforts to revitalize the salon market.

The Consumer Products Division posted 2.3% like-for-like and 2.5% reported growth, supported by gains in volume, price, and mix as it advanced its dual strategy of democratisation and premiumization.

L’Oréal Luxe recorded 5.8% like-for-like and 7.3% reported growth, with strong momentum in Europe and emerging markets, as well as a solid performance in North America, reinforcing its market leadership.

L’Oréal’s Dermatological Beauty Division increased by 2.7% like-for-like and 3.5% reported, outperforming the global dermo-cosmetics market in sales despite a challenging comparison base due to last year’s sun care phasing.

L’Oréal’s Europe sales rose by 4.3% like-for-like, fueled by strong performances in Spain/Portugal, the UK/Ireland, Italy, and much of Central Europe.

North America sales declined by 3.8% like-for-like, but adjusted for last year’s IT-related phasing, grew by 0.5%, with gains supported by channel expansion, valorisation, and innovation amid a softening market.

North Asia sales rose by 6.9% like-for-like, with growth driven by the Dermatological Beauty and Professional Products Divisions.

L’Oréal’s SAPMENA-SSA region reported a 10.4% like-for-like sales increase, driven primarily by volume growth through new consumer acquisition, supported by a favourable product mix.

Latin America sales rose by 7.9% like-for-like, driven by a balanced contribution from both value and volume growth.

Brazil led growth with double-digit gains, while Mexico contributed solidly despite being impacted by a high comparison base and uncertainties around U.S. tariffs.

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