L’ORÉAL Hellas reported sales of €250.9 million in 2024, up from €221.9 million in 2023, marking a 13% increase.
Of this revenue, €246.1 million came from wholesale sales, while retail sales accounted for €4.7 million. Net profits reached €29.4 million, rising 15% compared to €25.6 million the previous year. The gross profit margin stood at 71.2%. The company continues to uphold a solid dividend policy, with a dividend of €5.13 per share proposed for the 2024 fiscal year to be presented at the General Meeting of shareholders.
The financial results for 2024 indicate that L’ORÉAL Hellas enjoys positive cash flows from operating activities, effectively managing its obligations due to sufficient cash reserves, as short-term liabilities remain lower than current assets.
Looking ahead to the 2025 financial year, L’ORÉAL management remains optimistic, highlighting plans to continue increasing sales and market share while preserving high profitability.
Corporate Social Responsibility
L’ORÉAL Group and L’ORÉAL Hellas are dedicated to executing an ambitious corporate social responsibility initiative. By 2025, all company facilities will operate on 100% renewable energy, and by 2030, all organic ingredients in their formulations will be traceable and sourced sustainably.
