L’Oréal has announced record 2018 annual results fuelled by strong performance in its L’Oréal Luxe and Active Cosmetics divisions and the growth of its Travel Retail and e-commerce platforms.
Figures for the year were up up 7.1% to €26.9bn, while fourth quarter sales grew 7.7%.
“In a beauty market that accelerated significantly in 2018, L'Oréal marked its best year of growth since 2007,” said L’Oréal CEO and Chairman Jean-Paul Agon.