Stock Analysis

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

Published
ENXTPA:OR

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).
ENXTPA:OR Earnings and Revenue Growth August 3rd 2024

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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.