L'Oréal First Half 2024 Earnings: EPS: €6.84 (vs €6.27 in 1H 2023)

L'Oréal (EPA:OR) First Half 2024 Results

Key Financial Results

• Revenue: €22.1b (up 7.5% from 1H 2023).
• Net income: €3.66b (up 8.8% from 1H 2023).
• Profit margin: 17% (in line with 1H 2023).
• EPS: €6.84 (up from €6.27 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

L'Oréal Earnings Insights

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Personal Products industry in Europe.

Performance of the market in France.

The company's shares are down 4.5% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on L'Oréal's balance sheet health.

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