2023 universal registration document

1. Presentation of the Group – Integrated Report

Operating profit by Division

non-inclus
2021 2022 2023
non-inclus € millions % CA € millions % CA € millions % CA
By Division            
Professional Products 807 21.3% 953.6 21.3% 1,005.3 21.6 %
Consumer Products 2,466 20.2% 2,774.9 19.8% 3,114.7 20.5 %
L’Oréal Luxe 2,816 22.8% 3,350.4 22.9% 3,331.8 22.3%
Dermatological Beauty 991 25.2% 1,303.0 25.4% 1,670.9 26,0 %
DIVISIONS TOTAL 7,080 21.9% 8,381.9 21.9% 9,122.7 22,2 %
Non-allocatedNon-allocated = Central Group expenses, fundamental research expenses, free grant of shares expenses and miscellaneous items. -920 -2.8% -925.1 -2.4% -979.4 - 2,4 %
GROUP 6,160 19.1% 7,456.9 19.5% 8,143.3 19,8 %

The profitability of the Professional Products Division came out at 21.6% of sales, up 30 basis points.

The profitability of the Consumer Products Division came out at 20.5% of sales, up 70 basis points.

The profitability of the Luxe Division came out at 22.3%compared to 22.9% in 2022.

The profitability of the Dermatological Beauty Division came out at 26.0%, up 60 basis points.

Non-allocated expenses amounted to €979.4 million.

Sales by business segment

non-inclus
non-inclus non-inclus non-inclus 2022/2023 evolution
€ millions 2021 2022 2023 Like-for-like Reported figures
Skincare 12,982 15,344 16,447 10.4% 7.2%
Make-up 6,627 7,739 8,124 10.0% 5.0.%
Haircare 4,880 5,750 6,320 15.3% 9.9%
Hair colourants 3,016 3,362 3,426 6.5% 1.9%
Perfumes 3,512 4,546 5,171 16.9% 13.7%
Other“Other” includes hygiene products, sales made by American distributors with non-Group brands. 1,271 1,520 1,695 0.0% 11.6%
TOTAL COSMETICS SALES 32,288 38,261 41,183 11.0% 7.6%