L'Oreal revenue and market capitalization

  •   DEHOUI Lionel

L'Oréal is a French company specialising in cosmetics. The group is recognised as the world leader in this sector. In 2021, the company's activity has been very dynamic. This is illustrated by the good financial performance achieved over the year as a whole. Here are the main points to remember about the group's annual results for the year.

Trade the L'Oreal share!
79% of retail CFD accounts lose money. You should consider whether you can afford to take the high risk of losing your money. This is an advert for trading CFDs on eToro
L'Oreal revenue and market capitalization
Copyright: ©Mariakraynova/123RF.COM

Turnover for the year 2021

For the full twelve months of the 2021 financial year, L'Oréal achieved sales of 32.28 billion euros, compared to 27.99 billion euros in 2020. On a like-for-like basis, this represents an increase of 16.1%. On a reported basis, sales were up 15.3% year-on-year. By division, Professional Products revenues reached €3,783.9 million for the year.

3,783.9 million, up 24.8% on a like-for-like basis and 22.2% on a reported basis. 12,233.5 million in 2021. 12,233.5 million in 2021, up 5.6% on a like-for-like basis and 4.5% on a reported basis. For its part, the L'Oréal Luxe branch recorded sales of 12,346.2 million euros for the whole of this financial year.

12,346.2 million, up 20.9% on a like-for-like basis and 21.3% on a reported basis. In the twelve months to 2021, the Active Cosmetics division saw its revenues increase by 31.8% (on a like-for-like basis) to € 3,924.0 million. On a reported basis, the increase was 30.3%.

 

Group performance by geographic area

By geographical area, the L'Oréal group's business activity showed a remarkable evolution. In Europe, the French cosmetics giant's sales amounted to 10,184.8 million euros in 2021, up 10.1% on a like-for-like basis and 10.7% on a reported basis.

This upward trend was also noted in North America, where the company's revenues amounted to 8,155.9 million euros for the full year. 8,155.9 million for the year as a whole, up 22.2% on a like-for-like basis and 18.1% on a reported basis. The company also performed well in North Asia in 2021.

9,863.3 million. 9,863.3 million, up 17.6% on a like-for-like basis and 18.6% on a reported basis. 2,312.0 million in the SAPMENA - SSA region. 2,312.0 million in 2021. This represents an increase of 13.9% on a like-for-like basis and 10.0% on a reported basis.

At the same time, Latin America posted an impressive performance in the year under review. 1,771.5 million. 1,771.5 million, an increase of 20.6% on a like-for-like basis. The same growth rate is noted on a reported basis.

 

Performance of other financial indicators in 2021

For the year 2021, L'Oréal recorded a gross margin of 23,854.3 million euros, compared to 20,459.8 million euros a year earlier. 20,459.8 million a year earlier. It amounted to 73.9% of sales, compared to 73.1% the previous year. 6,160.3 million, an increase of 18.3%.

In detail, the Professional Products division's operating profit for the year was 806.9 million euros. 2,466.0 million. 2,816.3 million for the L'Oréal Luxury division. 990.5 million for the Active Cosmetics segment.

For the twelve months of 2020, net profit group share amounted to 4,597.1 million euros, compared to 3,563.4 million euros a year earlier. 3,563.4 million a year earlier, an increase of 29.0%. Excluding non-recurring items, it increased by 20.5% to EUR 4,938.5 million from EUR 4,099.0 million in 2020.

Earnings per share in 2021 were EUR 8.82, compared to EUR 7.30 in the previous year. 7.30 in the previous year, an increase of 20.9% year-on-year.

 

Financial situation at the end of 2021

At the end of December 2021, L'Oréal posted a cash flow of 6,640 million euros, up 16% year-on-year. Working capital requirements decreased by 88 million euros. Investments made during the year are estimated at 1,075 million euros. 1,075 million, representing 3.3% of group turnover.

For the full year 2021, the company generated an operating cash flow of 5,653 million euros. 5,653 million, an increase of 3.1% compared to the previous year. Furthermore, at the end of this financial year, L'Oréal's balance sheet was fairly robust. This is illustrated in particular by the level of its equity.

At 31 December 2021, it amounted to 23.6 billion euros. For its part, the company's net debt is estimated at 3,586 million euros for this year. This takes into account the financial lease debt of €1,670 million.

 

About L'Oréal's dividend and market capitalisation

The General Meeting of Shareholders of the L'Oréal group was held on 21 April 2022. During this meeting, the company's Board of Directors proposed the payment of a dividend of 4.80 euros per share for the financial year 2021. This is an increase of 20.0% compared to the dividend paid for the previous year.

The dividend payment date was set for 29 April 2022. In addition, the L'Oréal share is one of the most closely watched on the stock market by investors or traders. Indeed, the company is listed on the Paris Stock Exchange on the Euronext market. It is one of the companies that make up the French CAC 40 stock market index.

It is also included in other indices such as the Euro Stoxx 50, FTSE Eurotop 100, Stoxx Global 200, Euronext 100, etc. At the end of December 2021, its market capitalisation is estimated at 232.5 billion euros.

Trade the L'Oreal share!

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail CFD accounts lose money. You should consider whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.