L'Oréal reported accelerated growth in the third quarter of 2026, supported by the performance of its different divisions and the positive evolution of international markets.

According to the results released on October 22nd, accumulated sales up to September reached €35.337,6 million, an increase of 7,7% compared to the same period last year. On a comparable basis, excluding the effects of exchange rate fluctuations and changes in the group's structure, growth stood at 6,9%.

In the third quarter, comparable growth was 7,2%, while the adjusted comparable indicator reached 7,7%.

Professional products and dermatological beauty stand out.

The professional products division delivered one of the group's strongest performances. Sales grew 12,4% on a like-for-like basis in the first nine months, reaching €4.389,8 million.

In the dermatological beauty sector, comparable growth was 11,6%, reaching €6.087,4 million.

The luxury business also recovered, with a comparable increase of 5,7%, while the consumer goods division advanced 4,2%, reaching €12.687,1 million.

The group highlights the contribution of fragrances and hair care to sales growth, as well as the improved performance of skin care products.

Europe grows 9,9% in the third quarter.

Europe delivered a particularly strong performance in the third quarter, with comparable growth of 9,9%. For the first nine months of the year, European sales reached €12.177 million, up 7% on a like-for-like basis.

The South Asia, Pacific, Middle East, North Africa and Sub-Saharan Africa region recorded the highest cumulative comparable growth, at 15,7%.

North America advanced 6,3%, while North Asia grew 5,5%. In Latin America, comparable growth stood at 2,4%.

E-commerce is advancing faster than global business.

E-commerce once again stood out, with growth of approximately 17%. The company considers that the digital channel continues to represent an important commercial opportunity, supported by the development of its own websites and sales through online platforms and retailers . Growth in this channel significantly exceeded the overall evolution of sales.

L'Oréal also highlights that the accumulated growth was driven predominantly by the evolution of the product mix and volumes, and not just by price updates.

Innovation continues to underpin growth.

Nicolas Hieronimus, CEO of L'Oréal, attributes the group's performance to the execution of its innovation strategy and the strengthening of its presence in different categories and geographies. The company intends to continue investing in innovation, digital channels, and artificial intelligence to enhance its competitiveness.

The results show that the beauty market continues to offer growth opportunities, although differences between regions and divisions confirm the need for differentiated business strategies.

For consumer goods operators, L'Oréal's performance reinforces the importance of innovation, premiumization , and e-commerce in the evolution of the hygiene and beauty categories.