| € millions
2025 |
31.12.2024 |
Acquisitions/ Depreciation |
Disposals/ Reversals |
Changes in the scope of consolidation (2) | Other movements (1) | Translation difference | 31.12.2025 |
|---|---|---|---|---|---|---|---|
| Brands with indefinite useful life(3) | Brands with indefinite useful life (3)31.12.2024 3,088.5 |
Brands with indefinite useful life (3)Acquisitions/ Depreciation
|
Brands with indefinite useful life (3)Disposals/ Reversals
|
Brands with indefinite useful life (3)Changes in the scope of consolidation (2)485.5 |
Brands with indefinite useful life (3)Other movements (1)0.2 |
Brands with indefinite useful life (3)Translation difference (217.9) |
Brands with indefinite useful life (3)31.12.2025 3,356.3 |
| Amortisable brands and product ranges | Amortisable brands and product ranges 31.12.2024 85.5 |
Amortisable brands and product ranges Acquisitions/ Depreciation
|
Amortisable brands and product ranges Disposals/ Reversals (14.5) |
Amortisable brands and product ranges Changes in the scope of consolidation (2)
|
Amortisable brands and product ranges Other movements (1)2.7 |
Amortisable brands and product ranges Translation difference (4.2) |
Amortisable brands and product ranges 31.12.2025 69.5 |
| Licences and patents | Licences and patents 31.12.2024 859.3 |
Licences and patents Acquisitions/ Depreciation 3.9 |
Licences and patents Disposals/ Reversals (0.6) |
Licences and patents Changes in the scope of consolidation (2)75.8 |
Licences and patents Other movements (1)5.8 |
Licences and patents Translation difference (8.4) |
Licences and patents 31.12.2025 935.8 |
| Software | Software 31.12.2024 1,712.2 |
Software Acquisitions/ Depreciation 64.1 |
Software Disposals/ Reversals (70.9) |
Software Changes in the scope of consolidation (2)3.3 |
Software Other movements (1)161.3 |
Software Translation difference (79.3) |
Software 31.12.2025 1,790.6 |
| Customer relationships | Customer relationships 31.12.2024 630.2 |
Customer relationships Acquisitions/ Depreciation 0.7 |
Customer relationships Disposals/ Reversals (12.0) |
Customer relationships Changes in the scope of consolidation (2)19.9 |
Customer relationships Other movements (1)
|
Customer relationships Translation difference (67.4) |
Customer relationships 31.12.2025 571.6 |
| Assets under construction | Assets under construction 31.12.2024 758.7 |
Assets under construction Acquisitions/ Depreciation 273.0 |
Assets under construction Disposals/ Reversals
|
Assets under construction Changes in the scope of consolidation (2)
|
Assets under construction Other movements (1)(177.7) |
Assets under construction Translation difference (16.2) |
Assets under construction 31.12.2025 837.8 |
| Others | Others 31.12.2024 40.4 |
Others Acquisitions/ Depreciation 1.8 |
Others Disposals/ Reversals (10.7) |
Others Changes in the scope of consolidation (2)0.8 |
Others Other movements (1)0.3 |
Others Translation difference (3.7) |
Others 31.12.2025 28.9 |
| Gross value | Gross value 31.12.2024 7,174.8 |
Gross value
Acquisitions/ Depreciation 343.6 |
Gross value
Disposals/ Reversals (108.6) |
Gross value Changes in the scope of consolidation (2)585.4 |
Gross value Other movements (1)(7.5) |
Gross value Translation difference (397.1) |
Gross value 31.12.2025 7,590.5 |
| Brands with indefinite useful life | Brands with indefinite useful life 31.12.2024 352.0 |
Brands with indefinite useful life Acquisitions/ Depreciation
|
Brands with indefinite useful life Disposals/ Reversals
|
Brands with indefinite useful life Changes in the scope of consolidation (2)
|
Brands with indefinite useful life Other movements (1)
|
Brands with indefinite useful life Translation difference (28.2) |
Brands with indefinite useful life 31.12.2025 323.8 |
| Amortisable brands and product ranges | Amortisable brands and product ranges 31.12.2024 75.1 |
Amortisable brands and product ranges Acquisitions/ Depreciation 1.3 |
Amortisable brands and product ranges Disposals/ Reversals (9.6) |
Amortisable brands and product ranges Changes in the scope of consolidation (2)
|
Amortisable brands and product ranges Other movements (1)
|
Amortisable brands and product ranges Translation difference (3.6) |
Amortisable brands and product ranges 31.12.2025 63.1 |
| Licences and patents | Licences and patents 31.12.2024 245.6 |
Licences and patents Acquisitions/ Depreciation 35.5 |
Licences and patents Disposals/ Reversals (0.6) |
Licences and patents Changes in the scope of consolidation (2)
|
Licences and patents Other movements (1)0.1 |
Licences and patents Translation difference (4.3) |
Licences and patents 31.12.2025 276.4 |
| Software | Software 31.12.2024 1,276.3 |
Software Acquisitions/ Depreciation 158.3 |
Software Disposals/ Reversals (70.9) |
Software Changes in the scope of consolidation (2)1.7 |
Software Other movements (1)(2.3) |
Software Translation difference (65.8) |
Software 31.12.2025 1,297.3 |
| Customer relationships | Customer relationships 31.12.2024 603.9 |
Customer relationships Acquisitions/ Depreciation 8.2 |
Customer relationships Disposals/ Reversals (12.0) |
Customer relationships Changes in the scope of consolidation (2)
|
Customer relationships Other movements (1)
|
Customer relationships Translation difference (64.3) |
Customer relationships 31.12.2025 535.8 |
| Others | Others 31.12.2024 27.1 |
Others Acquisitions/ Depreciation 8.0 |
Others Disposals/ Reversals (10.7) |
Others Changes in the scope of consolidation (2)
|
Others Other movements (1)0.1 |
Others Translation difference (2.5) |
Others 31.12.2025 22.0 |
| Depreciation and provisions | Depreciation and provisions 31.12.2024 2,580.0 |
Depreciation and provisions
Acquisitions/ Depreciation 211.3 |
Depreciation and provisions
Disposals/ Reversals (103.8) |
Depreciation and provisions Changes in the scope of consolidation (2)1.7 |
Depreciation and provisions Other movements (1)(2.0) |
Depreciation and provisions Translation difference (168.7) |
Depreciation and provisions 31.12.2025 2,518.5 |
| OTHER INTANGIBLE ASSETS – NET | OTHER INTANGIBLE ASSETS – NET 31.12.2024 4,594.8 |
OTHER INTANGIBLE ASSETS – NET Acquisitions/ Depreciation 132.3 |
OTHER INTANGIBLE ASSETS – NET Disposals/ Reversals (4.9) |
OTHER INTANGIBLE ASSETS – NET Changes in the scope of consolidation (2)583.6 |
OTHER INTANGIBLE ASSETS – NET Other movements (1)(5.5) |
OTHER INTANGIBLE ASSETS – NET Translation difference (228.4) |
OTHER INTANGIBLE ASSETS – NET 31.12.2025 5,072.0 |
| € millions | 31.12.2025 |
|---|---|
| BRANDS WITH INDEFINITE USEFUL LIFE – GROSS VALUE | BRANDS WITH INDEFINITE USEFUL LIFE – GROSS VALUE 31.12.2025
|
| Aēsop | Aēsop 31.12.2025 498.5 |
| Matrix | Matrix 31.12.2025 303.6 |
| Color Wow | Color Wow 31.12.2025 234.9 |
| Mugler | Mugler 31.12.2025 232.9 |
| IT Cosmetics | IT Cosmetics 31.12.2025 205.5 |
| CeraVe | CeraVe 31.12.2025 176.4 |
| Skinbetter Science | Skinbetter Science 31.12.2025 154.2 |
| Medik8 | Medik8 31.12.2025 148.4 |
| Kiehl's | Kiehl's 31.12.2025 134.5 |
| Azzaro | Azzaro 31.12.2025 121.0 |
| NYX Professional Makeup | NYX Professional Makeup 31.12.2025 96.9 |
| Dr.G | Dr.G 31.12.2025 95.4 |
| Shu Uemura | Shu Uemura 31.12.2025 84.1 |
| Urban Decay | Urban Decay 31.12.2025 79.1 |
| Others | Others 31.12.2025 790.9 |
| TOTAL | TOTAL 31.12.2025 3,356.3 |
Accumulated impairment losses relating to brands amounted to €120.9 million on Magic, €93.8 million on Clarisonic, €54.4 million on Softsheen-Carson, €40.6 million on Yue Sai and €14 million on Biomedic at 31 December 2025.
