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Nicolas Hieronimus: "L'Oréal achieved the grand slam"

2021-07-29T16:32:54.765Z

INTERVIEW - In strong growth, the cosmetics giant is gaining market share all over the world. The world leader in cosmetics, which had returned to the path of growth in the third quarter of 2020, continues to accelerate. Its turnover jumped 20.7% in the first half, to more than 15 billion euros, and it is 6.6% higher than its level of 2019. Nicolas Hieronimus, who succeeded Jean at the beginning of May -Paul Agon at the general management of the group, is optimistic for the rest of the yea



The world leader in cosmetics, which had returned to the path of growth in the third quarter of 2020, continues to accelerate.

Its turnover jumped 20.7% in the first half, to more than 15 billion euros, and it is 6.6% higher than its level of 2019. Nicolas Hieronimus, who succeeded Jean at the beginning of May -Paul Agon at the general management of the group, is optimistic for the rest of the year.

LE FIGARO.

- Does L'Oréal's performance mean that the Covid crisis is behind you?

Nicolas HIERONIMUS.

-

Unfortunately, the pandemic is not over, and many are suffering from it.

But from a business point of view, it has passed.

The global cosmetics market is picking up again (+ 11% in the first half of the year), even if it remains slightly below 2019. L'Oréal has started again with a vengeance, growing twice as fast as the market.

Read also:

L'Oréal accelerates its return to growth

With growth of 8.4% in the second quarter compared to 2019, the group has regained its pre-crisis pace.

We realize the big

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Source: lefigaro

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