We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now


It looks like you aren't logged in.
Click the button below to log in and view your recent history.


New Trading Tool: Live US Options Flow! Try it out.

OR LOreal

-1.35 (-0.34%)
22 Sep 2023 - Closed
Delayed by 15 minutes

Register Free for Streaming Quotes & Tools

Register for Free to get streaming quotes, interactive charts, trades, portfolio, live options flow and more.

Share Name Share Symbol Market Type
LOreal EU:OR Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.35 -0.34% 398.35 397.00 403.50 399.75 392.05 393.90 378,263 16:40:00

L'Oreal Upbeat on 2023 Performance Amid Earnings Growth; Raises 2022 Dividend

09/02/2023 5:49pm

Dow Jones News

LOreal (EU:OR)
Historical Stock Chart

From Sep 2022 to Sep 2023

Click Here for more LOreal Charts.

By Joshua Kirby


L'Oreal SA said it remains confident of growth in the beauty market ahead, after sales and profit margins rose in 2022, and proposed a higher dividend for the year.

The French cosmetics giant made total yearly sales of 38.26 billion euros ($40.99 billion,) 11% higher than the EUR32.29 billion it booked in 2021 on a like-for-like basis.

This included fourth-quarter sales of EUR10.32 billion, just ahead of analysts' expectations for EUR10.20 billion, according to a poll compiled by FactSet.

Operating profit for the year rose 21% to EUR7.46 billion, with a margin that climbed 400 basis points to 19.5%.

Looking ahead, L'Oreal expects further sales and earnings growth in 2023, with confidence in the global beauty market and its own outperformance despite current macro uncertainties, Chief Executive Nicolas Hieronimus said.

For 2022, the company will propose a dividend of EUR6 a share, 25% higher than the payout for the previous year. The dividend will be proposed at an annual shareholders' meeting in April and paid the same month, L'Oreal said.


Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby


(END) Dow Jones Newswires

February 09, 2023 12:34 ET (17:34 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

1 Year LOreal Chart

1 Year LOreal Chart

1 Month LOreal Chart

1 Month LOreal Chart
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com

V: gb D: 20230923 04:06:45