L'Oréal's fourth-quarter like-for-like sales increased by 2.5%, falling short of analysts' expectations of 3.83%. The company's full-year results revealed a revenue of €43.48 billion, surpassing the estimate of €43.33 billion. Operating profit reached €8.69 billion, and net profit was reported at €6.41 billion. The dividend was set at €7.00, exceeding the anticipated €6.79. Earnings per share (EPS) were €12.66, beating the estimate of €12.21. Despite these positive figures, L'Oréal's sales growth was the slowest since the pandemic, attributed largely to weak demand in China and a slight slowdown in North America, where sales grew by only 1.4%. The company’s operating margin stood at 20.0%, with net cash flow increasing by 8.6% to €6.6 billion. Following the announcement, L'Oréal's shares experienced a decline as investors reacted to the disappointing sales figures in key markets.