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Sales Jump at L’Oréal

Published March 14, 2013
Related Searches: body dermatology professional cosmetics
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• 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.

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