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L'Oréal announces today that it has completed the sale of the home care business from the Cadum Group to Eau Ecarlate SAS.
Prizes
The CAC 40 Annual General Meeting of the Year Awards honour companies whose AGMs are in line with best corporate practices, on the basis of a set of around 100 criteria divided into 10 key themes, including the presentation of strategy and business segments, the quality of explanations about social and environmental responsibility, corporate govern
Sustainable Development
The L'Oréal Solidarity Sourcing programme promotes social inclusion by helping economically vulnerable people find work and an income in France and countries where the Group operates.
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:
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.
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
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:
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