French cosmetic giant L'Oreal reports 11-pct sales growth in 2023


PARIS, Feb. 8 (Xinhua) -- French cosmetic giant L'Oreal announced Thursday that its sales reached 41.18 billion euros (44.37 billion U.S. dollars) in 2023, up 11 percent over the previous year based on a comparable structure and identical exchange rates.

Its overall operating profit increased by 9.2 percent to 8.14 billion euros, the company said in a press release.

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