Earnings release
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release Press Clichy , 29 July 2021 at 6.00 p.m. A A A A A A 2021 Half - Year Results Sales : 15.19 billion euros O + 20.7 % like - for - like¹ O AN EXCEPTIONAL FIRST - HALF : + 20.7 % LIKE - FOR - LIKE GROWTH FURTHER INCREASE IN PROFITABILITY + 21.8 % at constant exchange rates O + 16.2 % based on reported figures L'ORÉAL Exceptional growth at + 33.5 % in the second quarter¹ Market share gains in all Divisions and all geographic Zones Strong acceleration in North America : + 44.7 % ¹ in the second quarter E - commerce continues to post very strong growth at + 29.2 % ² Operating margin at 19.7 % , an increase of 170 basis points Significant increase in EPS³ : + 21.1 % at € 4.63 Commenting on these figures , Mr Nicolas Hieronimus , Chief Executive Officer of L'Oréal , said : " With the health situation still uncertain , the beauty market is gradually recovering and has recorded double digit growth . As a result of the determination and continued commitment of our teams , that I wish to warmly thank , L'Oréal is significantly outperforming the market , with an exceptional second quarter . By the end of June , the Group posted a very strong increase and returned to its pre - Covid growth rate , up + 6.6 % like - for like compared to the first half of 2019 , with an acceleration of + 8.4 % in the second quarter compared to 2019 . L'Oréal recorded market share gains in all Divisions and all geographic Zones . This remarkable performance reflects the relevance and healthy balance of our multi - faceted model in terms of geographic footprint , brands and categories . The Professional Products Division has successfully transformed its business model and achieved record performance . The Consumer Products Division recorded double - digit growth in the second quarter , thanks in particular to the recovery of makeup . L'Oréal Luxe also saw a sharp rise in fragrance sales and significantly outperformed the market . The Active Cosmetics Division achieved record growth , demonstrating that its brand portfolio is perfectly adapted to consumers ' health and beauty aspirations . ¹ Like - for - like : based on comparable structures and identical exchange rates . 2 Sales achieved on our brands ' own websites + estimated sales achieved by our brands corresponding to sales through our retailers ' websites ( non - audited data ) . 3 Diluted earnings per share , excluding non - recurring items , after non - controlling interests . www.loreal-finance.com 1