• L’Oréal posted sales of $28.8 billion last year, a gain of 10.4%. Net income increased 15.1% to $3.8 billion. The company noted that 2012 was a milestone year as new markets became the No. 1 geographic zone.
By division, professional product sales rose 6.7% to $3.8 billion; consumer product sales rose 8.9% to $13.7 billion; luxury sales surged 16% to $7.1 billion; and sales of active cosmetics increased 7.5% to $1.9 billion. The Body Shop reported an 11.4% increase in sales to $1.1 billion and sales of the dermatology business surged 12.9% to just over $1 billion.
During the year, the company acquired the Vogue makeup brand in Colombia, opened its largest factory with a new site in Indonesia and created a new subsidiary, L’Oréal KSA in Saudi Arabia.