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SPOTLIGHT ON INVESTIR DAY, THE GATHERING FOR INDIVIDUAL INVESTORS IN FRANCE
L’Oréal was an official partner of the fifth Investir Day in Paris this year, providing an opportunity to demonstrate the Group’s many strengths and showcase its value-creation strategy to individual investors through a series of conferences and meetings with our experts.
Beauty has been the sole focus of our business, our expertise and our passion for nearly 115 years. L’Oréal’s success is underpinned by its strategy to be a pure player in beauty.
Three questions for Christophe Babule, Chief Financial Officer, L’Oréal, at Investir Day:
What makes the beauty market so promising?
L’Oréal operates in a vast, unique market, because beauty is a fundamental human need and a universal aspiration that transcends generations, countries and cultures. It’s a dynamic market that has consistently weathered economic uncertainty, achieving average annual growth of 3% to 5% over the last two decades. This growth is driven partly by the world’s emerging middle classes (estimates suggest an additional 800 million people by 2030) and partly by steady consumer demand for quality and innovation. Despite the inflationary environment, consumers continue to show a strong appetite for high-quality, increasingly premium products. Widespread innovations across all categories stimulate the beauty market, which is primarily supply-driven, through a combination of creativity and science. L’Oréal’s strength in innovation and our digital edge allow us to outperform the market and reinforce our global leadership.