Middle East
CONTINUED ACCELERATION IN LIKE-FOR-LIKE GROWTH1
PROGRESS ACROSS ALL DIVISIONS
• Sales: 32.80 billion euros, +3.4% like-for-like2 (+3.7% adjusted1), +1.2% reported.
• Growth in all Divisions. Momentum accelerating across the board between the first six and nine months.
• Growth in all regions, boosted by the continuing recovery in North America and mainland China.
• Continued strong momentum in haircare and fragrances; makeup sequentially improving.
• Growth in both volume and value with a strong contribution from mix.
• Double-digit growth online, well ahead of the market.
• Announcement of a long-term strategic partnership in luxury beauty and wellness between Kering and L’Oréal.
• TIME included three of L’Oréal’s innovations – Air Light Pro, Lancôme Rénergie Nano-Resurfacer and Melasyl – in its ranking of The Best Inventions of 2025.
Commenting these figures, Nicolas Hieronimus, CEO of L'Oréal, said:
“As anticipated, our like-for-like growth continued to sequentially accelerate, reaching +4.9% in the third quarter1.
Progress was broad-based. All regions contributed: the recovery in our two largest markets – the US and mainland China – continued; in a solid market, Europe remained robust; and ongoing strength in SAPMENA-SSA more than offset the softness in Latin America.
Growth accelerated across all Divisions, as the weight of new launches further increased in the third quarter fuelled by our Beauty Stimulus Plan.
The global beauty market remains dynamic with a progressive improvement in luxury. Our strength online allows us to outperform what is today the most dynamic channel.
We just announced a strategic alliance with Kering, one of the world’s most creative and visionary luxury groups. I am delighted by this partnership: the acquisition of Creed will make us one of the leading players in niche fragrances; and I see enormous potential for growth for the beauty and fragrance licenses of Gucci, Bottega Veneta and Balenciaga, all truly exceptional couture brands. This partnership will further solidify our position as the world’s leading luxury beauty company.
As we head into the last quarter of the year, I am confident that we will continue to outperform the global beauty market and to achieve another year of growth in sales and an increase in our profitability.”
1Adjusted for the phasing related to the 2024 and 2025 IT transformation.
2Like-for-like: based on a comparable structure and identical exchange rates
Discover more in the attached press release.