L’Oréal in figures
The Group closed the decade with its best year of like-for-like sales growth since 2007. Its operating margin reached a record high. The strength of L’Oréal’s well-balanced business model enabled the Group to keep on achieving profitable and sustainable growth, while again strengthening its position as the beauty market leader.
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1st
cosmetics Group worldwide
88,000
employees
150
countries
36
brands
497
patents registered in 2019
Our performance
L’Oréal’s balanced business model enables the construction of long-term profitable growth.
€29.87 Bn
sales in 2019
+8.0%
like-for-like sales growth
![](/site/RA2019/app/uploads/2020/02/Lorealfigures_visuels_respiro1-1582819627-860x0-c-default.jpg)
Breakdown of 2019 sales (as %)
Divisions
-
Consumer Products
42.7% -
L'Oréal Luxe
36.9% -
Professional Products
11.5% -
Active Cosmetics
8.9%
Geographic Zones
-
Western Europe
27.7% -
North America
25.3% -
New markets 47.0%
-
Asia Pacific
32.3% -
Eastern Europe
6.4% -
Latin America
6.0% -
Africa, Middle East
2.3%
-
Business segments
-
Skincare and sun protection
35.0% -
Makeup
26.3% -
Haircare
14.9% -
Hair colouring
10.1% -
Fragrances
9.3% -
Other
4.4%
Weight of digital in sales
€4.6 Bn
of sales in e-commerce
15.6%
of consolidated sales in e-commerce
+52.4%
like-for-like growth in e-commerce sales in 2019
Consolidated sales (in million of euros)
+8.0%
2019 growth
- 19,496 € million
- 20,343 € million
- 21,638 € million
- 22,124 € million
- 22,532 € million
- 25,257 € million
- 25,837 € million
- 26,024 € million
- 26,937 € million
- 29,873 € million
Our profits
€5.54 Bn
operating profit
+10.4%
increase in dividend per share
![](/site/RA2019/app/uploads/2020/02/Lorealfigures_visuels_respiro2-1582819618-860x0-c-default.jpg)
Operating profit (in million of euros)
+12.7%
growth in operating profit
- 3,057 € million
- 3,293 € million
- 3,558 € million
- 3,760 € million
- 3,891 € million
- 4,388 € million
- 4,540 € million
- 4,676 € million
- 4,922 € million
- 5,547 € million
Record operating margin at 18.6% of sales (in %)
![](/site/RA2019/app/uploads/2020/03/Lorealfigures_visuels_respiro3-1582819619_EDIT-1584458042-760x0-c-default.jpg)
- 18.6% %
- 18.3% %
- 18.0% %
- 17.6% %
- 17.4% %
Net profit excluding non-recurring items after non-controlling interests (in million of euros)
+9.3%
Growth in net profit excluding non-recurring items after non-controlling interests
- 2,371 € million
- 2,583 € million
- 2,861 € million
- 3,032 € million
- 3,125 € million
- 3,490 € million
- 3,647 € million
- 3,749 € million
- 3,988 € million
- 4,356 € million
Earnings per share (in €)
+9.3%
increase in earnings per share in 2019
Years |
Earnings per share (in €) |
---|---|
2010 | 4.01 |
2011 | 4.32 |
2012 | 4.73 |
2013 | 4.99 |
2014 | 5.34 |
2015 | 6.18 |
2016 | 6.46 |
2017 | 6.65 |
2018 | 7.08 |
2019 | 7.74 |
Balanced operating profitability
Total Divisions
Profitability by Division
(as % of Division sales)
Division | Profitabilité en % |
---|---|
Professional Products |
20.1% |
Consumer Products |
20.2% |
L'Oréal Luxe |
22.6% |
Active Cosmetics |
23.3% |
A solid financial situation at 31 December 2019
Net cash surplus
2,399
million euros
Short-term ratings
-
A1+
Standard & Poor's
-
Prime 1
Moody's
-
F1+
Fitch Ratings
Capital expenditure
4.1%
of sales
A dynamic shareholder return policy
10.4%
Increase of dividend in 2019
€4.67
Preferential dividend of +10% for shareholders holding registered shares
- DIVIDEND PER SHARE (in euros)
- PREFERENTIAL DIVIDEND (in euros)
- 4.25 4.67
- 3.85 4.23
- 3.55 3.90
- 3.30 3.63
- 3.10 3.41
- 2.70 2.97
- 2.50 2.75
- 2.30 2.53
- 2.00 2.20
- 1.80 NA
Years | DIVIDEND PER SHARE (in euros) | PREFERENTIAL DIVIDEND (in euros) |
---|---|---|
2019 | 4.25€ | 4.67€ |
2018 | 3.85€ | 4.23€ |
2017 | 3.55€ | 3.90€ |
2016 | 3.30€ | 3.63€ |
2015 | 3.10€ | 3.41€ |
2014 | 2.70€ | 2.97€ |
2013 | 2.50€ | 2.75€ |
2012 | 2.30€ | 2.53€ |
2011 | 2.00€ | 2.20€ |
2010 | 1.80€ | 1.80€ |
Pay-out ratio (as % of profit)
54.9%
pay-out ratio as a % of profit
Years |
Pay-out ratio (as % of profit) |
---|---|
2010 | 44.9% |
2011 | 46.3% |
2012 | 46,8% |
2013 | 48.7% |
2014 | 50.6% |
2015 | 50.2% |
2016 | 51.1% |
2017 | 53.4% |
2018 | 54.4% |
2019 | 54.9% |
-
€264.00
share price at 31 December 2019
-
€147.3 Bn
market capitalisation
Our "Sharing Beauty With All" indicators
The aim of the sustainable transformation programme “Sharing Beauty With All”, launched in 2013, is to make L’Oréal a model company in terms of sustainable innovation, production, consumption, and in sharing its growth with all Group stakeholders.
![](/site/RA2019/app/uploads/2020/02/LorealnFigures_SBWA1-1582819623-860x0-c-default.jpg)
![](/site/RA2019/app/uploads/2020/02/LorealnFigures_SBWA4-1582819626-420x230-c-default.jpg)
85%
of new or renewed products launched in 2019 have an improved social or environmental profile
![](/site/RA2019/app/uploads/2020/02/LorealnFigures_SBWA3-1582819625-420x230-c-default.jpg)
-78%
reduction in CO2 emissions in absolute terms in plants and distribution centres since 2005
![](/site/RA2019/app/uploads/2020/02/LorealnFigures_SBWA3-1582819625-420x230-c-default.jpg)
-51%
reduction in water consumption in plants and distribution centres since 2005
![](/site/RA2019/app/uploads/2020/02/LorealnFigures_SBWA3-1582819625-420x230-c-default.jpg)
-35%
reduction of waste generated in plants and distribution centres since 2005
![](/site/RA2019/app/uploads/2020/02/LorealnFigures_SBWA3-1582819625-420x230-c-default.jpg)
3 A
ratings from CDP for reducing carbon emissions, managing water sustainably and protecting forests in the supply chain
![](/site/RA2019/app/uploads/2020/02/LorealnFigures_SBWA4-1582819626-420x230-c-default.jpg)
89%
of brands have assessed their environmental and social impact
![](/site/RA2019/app/uploads/2020/02/LorealnFigures_SBWA2-1582819624-420x230-c-default.jpg)
90,635
people from socially or economically disadvantaged communities gained access to employment
![](/site/RA2019/app/uploads/2020/02/LorealnFigures_SBWA2-1582819624-420x230-c-default.jpg)
87%
of the Group’s strategic suppliers have been assessed and selected on the basis of their environmental and social performance
![](/site/RA2019/app/uploads/2020/02/LorealnFigures_SBWA4-1582819626-420x230-c-default.jpg)
94%
of the Group’s permanent employees benefit from health cover that reflects best practices in their country of residence