News & Events
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Other financial information
Paris and Vevey, February 11th, 2014 - Nestlé and L'Oréal announced today that their respective Boards of Directors, in meetings held on February 10th, 2014, have approved by unanimous decision of their voting members a strategic transaction for both companies under which L'Oréal will buy 48.5 million of its own shares (8% of its share capital) fro
Results
Further strengthening of worldwide positions
Record operating margin
Sales: 22.98 billion euros
+5.0% like-for-like
+2.3% based on reported figures
+6.0% at constant exchange rates
Operating profit: 3.875 billion euros, representing 16.9% of sales
Net profit after non-controlling interests: +3.2%
Acquisitions
L’Oréal and Magic Holdings International Limited, a company listed on the Hong Kong Stock Exchange, issued earlier today a “joint announcement” confirming the approval by the Ministry of Commerce of the People’s Republic of China (MOFCOM*) to proceed with the implementation of the acquisition of Magic by L’Oréal.
Acquisitions
Following the approval of the Brazilian Anti-Trust Authority CADE, The Body Shop confirms the acquisition of 51% of Emporio Body Store in Brazil with the option of increasing its shareholding to 80% by 2019, as per the terms of the project announced on 15 October.
About Emporio Body Store
Sustainable Development
Clichy, November 29, 2013 – The L'Oréal Foundation will present its “Beauty for a Better Life” educational program at The Women’s Forum held in Myanmar (Burma) on December 6 and 7 with the presence of Nobel Peace Prize winner Daw Aung San Suu Kyi .
Share buyback programme
The Board of Directors’ meeting held on November 29, 2013 and chaired by Mr. Jean-Paul Agon, decided, pursuant to the authorisation voted by the Annual General Meeting of Shareholders on April 26, 2013, to buy back L’Oréal shares for a maximum amount of €500 million between now and the end of the first quarter of 2014.
Other financial information
The L’Oréal group, the historic market leader in the Travel Retail beauty segment, announced today that it is creating a Group Travel Retail Division. The new division will include the L’Oréal Luxe brands, as well as brands from the other divisions: Active Cosmetics, Professional Products, Consumer Products and The Body Shop.
Acquisitions
Beauté Créateurs has announced its intention to cease its mail order activity during the first half of 2014.
Publication of a news release
L’Oréal Chinese Episkin model multicenter study for Skin Irritation
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