| € millions (except for earnings per share, shown in €) | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| I. FINANCIAL SITUATION AT FINANCIAL YEAR-END |
I. FINANCIAL SITUATION AT FINANCIAL YEAR-END 2021
|
I. FINANCIAL SITUATION AT FINANCIAL YEAR-END 2022
|
I. FINANCIAL SITUATION AT FINANCIAL YEAR-END 2023
|
I. FINANCIAL SITUATION AT FINANCIAL YEAR-END 2024
|
I. FINANCIAL SITUATION AT FINANCIAL YEAR-END 2025
|
| a) Share capital |
a) Share capital 2021 111.5 |
a) Share capital 2022 107.0 |
a) Share capital 2023 106.9 |
a) Share capital 2024 106.9 |
a) Share capital 2025 106.8 |
| b) Number of shares |
b) Number of shares 2021 557,672,360 |
b) Number of shares 2022 535,186,562 |
b) Number of shares 2023 534,725,475 |
b) Number of shares 2024 534,312,021 |
b) Number of shares 2025 533,783,028(1) |
| c) Number of convertible bonds |
c) Number of convertible bonds 2021 - |
c) Number of convertible bonds 2022 - |
c) Number of convertible bonds 2023 - |
c) Number of convertible bonds 2024 - |
c) Number of convertible bonds 2025 - |
| II. OVERALL RESULTS OF OPERATIONS |
II. OVERALL RESULTS OF OPERATIONS 2021
|
II. OVERALL RESULTS OF OPERATIONS 2022
|
II. OVERALL RESULTS OF OPERATIONS 2023
|
II. OVERALL RESULTS OF OPERATIONS 2024
|
II. OVERALL RESULTS OF OPERATIONS 2025
|
| a) Pre-tax sales |
a) Pre-tax sales 2021 5,255.4 |
a) Pre-tax sales 2022 6,282.0 |
a) Pre-tax sales 2023 5,982.7 |
a) Pre-tax sales 2024 4,863.4 |
a) Pre-tax sales 2025 5,070.6 |
| b) Pre-tax profit before depreciation, amortisation, provisions and reversals of provisions (including provisions for investment activities and profit-sharing reserves) |
b) Pre-tax profit before depreciation, amortisation, provisions and reversals of provisions (including provisions for investment activities and profit-sharing reserves) 2021 4,174.1 |
b) Pre-tax profit before depreciation, amortisation, provisions and reversals of provisions (including provisions for investment activities and profit-sharing reserves) 2022 12,579.2 |
b) Pre-tax profit before depreciation, amortisation, provisions and reversals of provisions (including provisions for investment activities and profit-sharing reserves) 2023 6,058.7 |
b) Pre-tax profit before depreciation, amortisation, provisions and reversals of provisions (including provisions for investment activities and profit-sharing reserves) 2024 5,874.8 |
b) Pre-tax profit before depreciation, amortisation, provisions and reversals of provisions (including provisions for investment activities and profit-sharing reserves) 2025 9,758.3 |
| c) Income tax |
c) Income tax 2021 (1.7) |
c) Income tax 2022 (250.4) |
c) Income tax 2023 (164.1) |
c) Income tax 2024 (115.2) |
c) Income tax 2025 (308.0) |
| d) Net profit |
d) Net profit 2021 3,860.5 |
d) Net profit 2022 12,343.1 |
d) Net profit 2023 3,826.3 |
d) Net profit 2024 5,678.0 |
d) Net profit 2025 8,724.8 |
| e) Amount of distributed profits |
e) Amount of distributed profits 2021 2,596.7 |
e) Amount of distributed profits 2022 3,248.4 |
e) Amount of distributed profits 2023 3,564.0 |
e) Amount of distributed profits 2024 3,779.2 |
e) Amount of distributed profits 2025 3,882.2(2) |
| III. RESULTS OF OPERATIONS PER SHARE |
III. RESULTS OF OPERATIONS PER SHARE 2021
|
III. RESULTS OF OPERATIONS PER SHARE 2022
|
III. RESULTS OF OPERATIONS PER SHARE 2023
|
III. RESULTS OF OPERATIONS PER SHARE 2024
|
III. RESULTS OF OPERATIONS PER SHARE 2025
|
| a) Profit after tax and profit-sharing, but before charges to depreciation, amortisation and provisions |
a) Profit after tax and profit-sharing, but before charges to depreciation, amortisation and provisions 2021 7.43 |
a) Profit after tax and profit-sharing, but before charges to depreciation, amortisation and provisions 2022 22.98 |
a) Profit after tax and profit-sharing, but before charges to depreciation, amortisation and provisions 2023 10.95 |
a) Profit after tax and profit-sharing, but before charges to depreciation, amortisation and provisions 2024 10.70 |
a) Profit after tax and profit-sharing, but before charges to depreciation, amortisation and provisions 2025 17.62 |
| b) Net profit |
b) Net profit 2021 6.92 |
b) Net profit 2022 23.06 |
b) Net profit 2023 7.16 |
b) Net profit 2024 10.63 |
b) Net profit 2025 16.35 |
| c) Dividend paid on each share (not including tax credit) |
c) Dividend paid on each share (not including tax credit) 2021 4.80 |
c) Dividend paid on each share (not including tax credit) 2022 6.00 |
c) Dividend paid on each share (not including tax credit) 2023 6.60 |
c) Dividend paid on each share (not including tax credit) 2024 7.00 |
c) Dividend paid on each share (not including tax credit) 2025 7.20(2) |
| IV. PERSONNEL |
IV. PERSONNEL 2021
|
IV. PERSONNEL 2022
|
IV. PERSONNEL 2023
|
IV. PERSONNEL 2024
|
IV. PERSONNEL 2025
|
| a) Number of employees |
a) Number of employees 2021 9,134 |
a) Number of employees 2022 9,543 |
a) Number of employees 2023 8,219 |
a) Number of employees 2024 6,474 |
a) Number of employees 2025 6,574 |
| b) Total salaries |
b) Total salaries 2021 860.9 |
b) Total salaries 2022 945.8 |
b) Total salaries 2023 879.3 |
b) Total salaries 2024 778.3 |
b) Total salaries 2025 800.0 |
| c) Amount paid for welfare benefits |
c) Amount paid for welfare benefits 2021
|
c) Amount paid for welfare benefits 2022
|
c) Amount paid for welfare benefits 2023
|
c) Amount paid for welfare benefits 2024
|
c) Amount paid for welfare benefits 2025
|
| (social security, provident schemes, etc.) |
(social security, provident schemes, etc.) 2021 415.8 |
(social security, provident schemes, etc.) 2022 430.5 |
(social security, provident schemes, etc.) 2023 428.4 |
(social security, provident schemes, etc.) 2024 376.6 |
(social security, provident schemes, etc.) 2025 432.9 |
(Main changes and threshold crossings of more than 5%)
| € millions | 31 December 2024 (including revaluation) | Acquisitions | Subscriptions | Other | 31 December 2025 | ||
|---|---|---|---|---|---|---|---|
| Heading | Amount | % | Amount | Amount | Amount | Amount | % |
| BOLD | 299.6 | 100.0 | — | 30.0 | — | 329.6 | 100.0 |
| CSA Topco Ltd | — | — | — | 662.1 | — | 662.1 | 77.4 |
| Federici Brands Ltd | — | — | 143.4 | — | — | 143.4 | 100.0 |
| L’Oréal Fund For Nature Regeneration | 75.0 | 100.0 | — | — | (47.4)(1) | 27.6 | 100.0 |
| Novéal | 21.5 | 100.0 | — | 43.0 | — | 64.5 | 100.0 |
| Sanofi | 423.9 | 9.4 | — | — | (106.0)(2) | 317.9 | 7.3 |
| Sparlys | 18.6 | 100.0 | — | 174.0 | — | 192.6 | 100.0 |
