Business

Kering: Financial information regarding the reclassification of Kering Beauté in accordance with IFRS 5

Kering - Press release - IFRS 5 - 11 12 2025 - EN PRESS RELEASEDecember 11, 2025 FINANCIAL INFORMATION REGARDING THE RECLASSIFICATIONOF KERING BEAUTÉ IN ACCORDANCE WITH IFRS 5 Following the agreement with L’Oréal for the sale of Kering Beauté, expected to close in the first half of 2026, Kering Beauté’s activity (for which Kering has exercised its right to sell to L’Oréal) will be reclassified as discontinued operations in the consolidated financial statements as of December 31, 2025, under IFRS

articleL'oreal S.a.December 11, 20251/company/loreal-sa-1/news/kering-financial-information-regarding-the-reclassification-of-kering-beaute-in-accordance-with-ifrs-5-2
Kering: Financial information regarding the reclassification of Kering Beauté in accordance with IFRS 5

About this update from L'oreal S.a.

[{"type":"image","alt":"KERING","displaySize":"","headline":null,"caption":"KERING","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":212,"url":"https://media.zenfs.com/en/globenewswire.com/ef23980e45dce094ba4a8d7b6d9574b1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/O4z_aGLzFRt9KDzU7ByH0w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTI5NztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/ef23980e45dce094ba4a8d7b6d9574b1","width":300,"height":212}},"lazy":false},{"type":"text","content":"Kering - Press release - IFRS 5 - 11 12 2025 - EN","length":49,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"width:282.54px;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"PRESS RELEASE","length":13,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"width:282.54px;text-align:center;vertical-align:middle;vertical-align:top;","val":[{"type":"text","content":"December 11, 2025","length":17,"tagName":"p","attribs":{}}]}]}],"length":30},{"type":"text","content":"FINANCIAL INFORMATION REGARDING THE RECLASSIFICATIONOF KERING BEAUTÉ IN ACCORDANCE WITH IFRS 5","length":95,"tagName":"p"},{"type":"text","content":"Following the agreement with L’Oréal for the sale of Kering Beauté, expected to close in the first half of 2026, Kering Beauté’s activity (for which Kering has exercised its right to sell to L’Oréal) will be reclassified as discontinued operations in the consolidated financial statements as of December 31, 2025, under IFRS 5. Accordingly:","length":340,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Kering Beauté’s contributions will be isolated and presented separately within net income from discontinued operations","length":118,"tagName":"p"}]},{"val":[{"type":"text","content":"comparative periods will be restated to ensure consistency across reporting periods","length":83,"tagName":"p"}]},{"val":[{"type":"text","content":"the Group’s financial indicators will be presented excluding Kering Beauté, under continuing operations","length":103,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":304,"olType":false},{"type":"text","content":"Group financial indicators, restated for Kering Beauté ","length":54,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"width:16.24%;border-right:solid black 1pt;border-bo...

More updates from L'oreal S.a.

discontinued operationsKERINGKering Beautéconsolidated financial statements