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Finance
For 2011 ISF (French solidarity tax on wealth) declarations, the value of your L’Oréal shares can be estimated in either of the following ways:
closing price on December 31, 2011: €80.70
average of last 30 days’ closing prices for 2011: €78.27.
Acquisitions
L’Oréal announces today that it has closed the acquisition of 100% of Cadum, the majority of which was held by investment fund Milestone.
In 2011, Cadum achieved consolidated sales of 58 million euros, 49 million euros of which in France, mainly with the brand Cadum.
Annual General Meeting
All the resolutions submitted to the Annual General Meeting were approved by a large majorityAppointment as Director of:
- Ms. Christiane Khuene,
- Mr. Paul Bulcke,
- Mr. Jean-Victor Meyers.Renewal of the tenure as Director of:
Sales
A promising start to the year
Sales: 5.64 billion euros
+9.4% based on reported figures +7.1% at constant exchange rates +6.4% like-for-like
Finance
Sales: 5.64 billion euros
+9.4% based on reported figures +7.1% at constant exchange rates +6.4% like-for-like
Growth in all branches and divisions
Strong dynamism at L'Oréal Luxe
Solid growth in North America
Continuing fast growth in the New Markets, particularly in Asia.
Others
Exclusively dedicated to hair, L’Oréal’s Research Centre is the head of a network of six regional centres around the world. The new Centre uses cutting-edge automation and modelling tools across collaborative platforms conducive to innovation.
Annual General Meeting
Information available concerning the Annual General Meeting to be held on Tuesday, April 17, 2012 and the 2011 Reference Document.
ANNUAL GENERAL MEETING SET FOR APRIL 17, 2012:
Finance
L'Oréal has just published its 2011 Annual Report and Registration Document.
The Annual Report puts into perspective L'Oréal in 2011, with its divisions, brands and countries, driven by its mission: the universalisation of beauty and beauty for everyone.
Governance
Tenures proposed for vote by next Annual General MeetingAppointment of Paul Bulcke, Christiane Kuehne and Jean-Victor Meyers as Board DirectorsRenewal of the tenures as Board Director of Jean-Pierre Meyers and Bernard Kasriel
L'Oréal's Board of Directors met today under the chairmanship of Jean-Paul Agon.
Governance
End of Board director tenure of Liliane BettencourtCooptation of Jean-Victor Meyers to Board of Directors
L'Oreal's Board of Directors was informed today of the end of Liliane Bettencourt's tenure as Board director.