$OR.PA once again showed its resilience last week, reporting record numbers.
"We know that beauty is an essential human need. Even in times of recession, there is a continued consumer demand for beauty products"
Here are 12 key quotes & slides from their FY 2022 presentation π§΅
"We know that beauty is an essential human need. Even in times of recession, there is a continued consumer demand for beauty products"
Here are 12 key quotes & slides from their FY 2022 presentation π§΅
1. The best growth in 30 years:
2. LFL growth has increased four quarters in a row:
3. Strong LFL growth in all geographic regions except North Asia:
4. E-commerce accounts for almost 1/3 of $OR.PA's total revenue:
5. All of $OR.PA's major brands are still gaining market share:
6. Look around in your bathroom and we're sure that you will find at least one $OR.PA brand, or five:
7. The 4 strategic growth drivers for $OR.PA:
8. A faster growing and more profitable $OR.PA, outpacing the market:
9. A great acquisition success story is CeraVe, which has grown its revenue by 10x in 5 years under $OR.PA's ownership:
10. "The beauty market has always been resilient to economic uncertainty":
11. The resilience of beauty:
12. The secret sauce of $OR.PA:
Tagging some L'OrΓ©al fans and others that might be interested in this thread π @Finding_Moats @stoxxmarket @FradeDuarte @lucasmaruri @bizbreakdowns @Miser191 @HeroDividend @DividendWave @DividendGrowth
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