The French cosmetics company L'Oréal, world leader in the sector, closed 2011 with a growth of 4,3% over the previous year, to 20,34 billion euros. Net profits grew by 8,9% to 2,44 billion euros.
In 2011, the transalpine group recorded a improvement of operating margin to 16,2%, up by half a point compared to 2010.
L'Oréal benefited from demand from emerging countries, particularly in the Asia-Pacific region (13%) and Latin America (11%). In Western Europe and the United States, group revenues grew by 0,9% and 2,7% respectively.
