On a reported basis, sales for the world's leading cosmetics company rose by 1.5% to €11.25 billion over the last three months of the year.

On a like-for-like basis, the group posted organic growth of 6% in the fourth quarter, marking a clear acceleration compared to the 4% internal growth recorded for the full year.

In a statement, the company explained that it benefited from a strong rebound in its two largest markets, the United States and China, during the second half of the year.

"As promised, organic sales growth accelerated quarter after quarter, fueled by the intensification of our launch plan and supported by a gradual improvement in the beauty market," said CEO Nicolas Hieronimus, noting that L'Oréal had once again outperformed its market.

However, the market had hoped for better, as the consensus was targeting organic growth of 6.3% for the fourth quarter.

In terms of results, operating profit increased by 2.4% to €8.89 billion, delivering an operating margin of 20.2%, up by 20 basis points.

Regarding its outlook, the group expressed optimism about the prospects for the global beauty market in 2026, despite macroeconomic uncertainties, and confidence in its ability to continue outperforming the market and achieving another year of revenue and profit growth.

Furthermore, it will propose a dividend of €7.20, an increase of 2.9% compared to the dividend paid in 2025.

After hours, L'Oréal shares fell by more than 6% on American OTC trading platforms on Thursday evening, following these weaker-than-expected figures.