L'Oreal achieved a record operating margin of 21.3% in the first half of 2026, up 20 basis points, as adjusted like-for-like sales growth accelerated to 6.5%. Gross margin improved 10 basis points to 74.8%, while operating profit rose 6.8% to 5 billion euros. E-commerce sales surged 18% to 7.4 billion euros, and the Dermatological Beauty division posted 10.6% growth. The company expressed confidence in the second-half outlook, citing a strong innovation pipeline and expected recovery in North Asia and travel retail.
LOréal S.A.Record operating margin and 6.8% operating profit growth beat expectations.