)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
L'Occitane
L'Occitane (0973) investor relations material
L'Occitane has been delisted
L'Occitane Q4 23/24 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 23/24 earnings summary24 Jun, 2024
Executive summary
Net sales reached €2,541.9 million in FY2024, up 19.1% reported and 24.1% at constant rates, driven by Sol de Janeiro and L'OCCITANE en Provence, with the Americas as the largest region.
Sol de Janeiro sales grew 167% at constant rates, becoming a key growth and profitability driver; L'OCCITANE en Provence and ELEMIS also contributed.
Operating profit was €233.1 million (down 2.5%), with management OP margin at 12.1% and reported margin at 9.2%, reflecting higher marketing and non-operational costs.
Net profit declined 13.9% to €101.8 million; EPS was €0.064, impacted by higher tax rates and impairment charges.
The Board recommended no dividend for FY2024 due to a proposed privatisation and delisting.
Financial highlights
Gross profit margin was 79.3% (down 1.2 pts), mainly due to brand mix and FX impacts.
Wholesale and others channel grew 40–46%, online channels up 25–25.2% at constant rates.
Marketing expenses rose to 22.8% of net sales, reflecting strategic investments in brand growth.
Distribution expenses improved to 33.7% of net sales, aided by brand mix and network rationalization.
Free cash flow was €194.3 million, down from €253.9 million last year.
Outlook and guidance
FY2025 guidance: group sales growth expected in the low teens (13–15%), with a one-point improvement in management OP margin (to ~13%).
Cautiously optimistic for FY2025, but profit margins expected to remain under pressure due to continued investments in marketing, store refurbishment, IT, and talent.
Proposed privatisation aims to accelerate transformation and enable more agile strategic investments.
Mid-term (to FY2027): group CAGR of 12–14%, OP margin expected to return close to 15%.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
L'Occitane
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
L'Occitane International S.A. is a Luxembourg-based manufacturer and retailer of natural and organic ingredient-based cosmetics and well-being products. With a portfolio that includes perfumes, skin care, hair care products, soaps, and fragrances, the company emphasizes the use of high-quality, sustainable ingredients. L'Occitane's commitment to traditional production methods and ethical sourcing contributes to its global reputation in the beauty industry. The company is headquartered in Luxembourg, and its shares are listed on the Hong Kong Stock Exchange.