I also think L'Oréal is great. But the market is not determined by them, but by smaller brands. Their turnover is lower, but the growth potential is much higher. Many of them are not even stock corporations. However, I'm sticking with LVMH.
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@MrMister Of course, the growth of smaller companies is greater in relative terms, but not usually in absolute terms. L'Oréal is growing at or just above the market CAGR and that is good for its size. They do M&A and of course have a good network thanks to their large streaks. But if you want more upside, you have to go to other brands. But there is also the risk that the brand is no longer in the hype, which is a little more difficult with L'Oréal.
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•@topicswithhead The market is changing.
With a turnover of 600 billion in the industry, there is something for everyone. L'Oréal's growth, especially in terms of profits, is very good. The brands that I like are all at L'Oréal or LVMH. I might really get into L'Oréal.
With a turnover of 600 billion in the industry, there is something for everyone. L'Oréal's growth, especially in terms of profits, is very good. The brands that I like are all at L'Oréal or LVMH. I might really get into L'Oréal.
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