Mindful of the current uncertainties, we remain optimistic about the outlook for the beauty market, ambitious for the future and confident in our ability to keep outperforming the market and achieve another year of growth in sales and profits in 2023.”FIRST QUARTER 2023 SALESLike-for-like, i.e. €1 = $1.0893) until 31 December, would lead to a negative currency impact of around -4.0% on 2023 full-year sales. The European beauty market remained dynamic in the first quarter, driven by the makeup, fragrance and skincare categories, again demonstrating consumers’ appetite for beauty. The Consumer Products Division, in particular, achieved exceptional growth across the entire Zone, benefiting from the recovery of makeup sales. You can verify its authenticity on the website www.wiztrust.comAppendixL’Oréal group sales 2022/2023 (€ million)2022 2023 First quarter 9,060.5 10,380.4 Second quarter 9,305.8 First half total 18,366.3 Third quarter 9,575.2 Nine months total 27,941.5 Fourth quarter 10,319.1 Full year total 38,260.61 Like-for-like: based on a comparable structure and identical exchange rates.

Source: The North Africa Journal April 19, 2023 22:01 UTC