L’Oréal Highlights 2025 Growth and Expands Stake in Galderma
At a glance
- L’Oréal reported €44.05 billion in 2025 sales
- Operating margin rose to 20.2% for the year
- Company increased Galderma stake to 20% in February 2026
L’Oréal’s latest annual results for 2025 reflect continued growth in sales and operating margin, alongside strategic investments and new product launches. The company also advanced its position in the dermatology sector and received recognition for environmental and social performance.
For the full year 2025, L’Oréal reported total sales of €44.05 billion, with like-for-like growth of 4.0% and a reported increase of 1.3%. The company’s operating margin reached 20.2%, representing a 20 basis point improvement over the previous year. In the fourth quarter, sales amounted to €11.245 billion, marking a 6.0% like-for-like increase and a 1.5% rise on a reported basis.
E-commerce continued to play a major role in L’Oréal’s business, accounting for over 30% of total sales in 2025 and achieving double-digit growth. The company described 2025 as a year of outperformance, with growth reported across all divisions and regions. L’Oréal also introduced two new beauty technologies at CES 2026, both of which received CES Innovation Awards.
What the numbers show
- 2025 total sales: €44.05 billion, up 4.0% like-for-like
- Operating margin for 2025: 20.2%, up 20 basis points from 2024
- Q4 2025 sales: €11.245 billion, up 6.0% like-for-like
- E-commerce share of sales: over 30% in 2025
- Galderma stake increased to 20% in February 2026
On February 10, 2026, L’Oréal completed the acquisition of an additional 10% stake in Galderma, raising its total ownership to 20%. This move expanded the company’s presence in the dermatology sector. The company also maintained a strong focus on innovation, with the launch of the Light Straight + Multi-styler for hair and an LED Face Mask for skin care at CES 2026.
L’Oréal received a triple ‘A’ rating from CDP for the tenth year in a row and was awarded an EcoVadis Platinum medal, placing it among the top 1% globally for environmental and social performance. These recognitions reflect the company’s ongoing efforts in sustainability and corporate responsibility.
CEO Nicolas Hieronimus said the company is optimistic about the global beauty market outlook for 2026 and expressed confidence in L’Oréal’s ability to continue outperforming competitors. The company highlighted that growth was observed across all divisions and regions during 2025.
L’Oréal stated that 2025 marked another year of outperformance in an improving beauty market. The company emphasized its strategy of innovation and expansion, supported by increased investment in both technology and dermatology.
* This article is based on publicly available information at the time of writing.
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