Overview
- L'Oréal said on Wednesday that second‑quarter sales reached €11.6 billion, up 6.3% like‑for‑like, and first‑half revenue was near €23.8 billion with net profit of €3.55 billion.
- L'Oréal attributed the beat to strong new haircare launches, mascara demand and faster growth in professional and dermatological brands, which helped push its H1 operating margin to a record level.
- The Paris group is pursuing targeted expansion in India through a planned majority stake in Innovist, a digital‑first personal‑care company announced in June to add locally tailored brands.
- Puig posted resilient H1 results with net revenue of €2.35 billion and Q2 sales of €1.14 billion, led by fragrance, makeup and strong Asia‑Pacific and travel‑retail performance while reaffirming full‑year guidance.
- Regional and channel shifts matter: China selective distribution and travel retail remain soft, India and Asia‑Pacific are accelerating, and the Middle East conflict and travel‑retail disruption had a measurable but limited hit to sales.