L’Oréal announced a 3.6% increase in first-quarter revenue to 12.152 billion euros, surpassing market forecasts behind strong professional and dermatological product performance.The company finalized its 4 billion euro acquisition of Kering Beauté to bolster its luxury portfolio with labels like Balenciaga.CEO
Nicolas Hieronimus maintains a positive outlook for the full fiscal year despite ongoing geopolitical and macroeconomic instability.