“In 2007, our growth engine was firing on all cylinders, and generating maximum power.”

"In 2007, L’Oréal’s business model—based on innovation, quality and globalisation—once again demonstrated its outstanding ability to create value. The acceleration of growth and the strong improvement in profitability once more proved its efficiency and its remarkable modernity."

Jean-Paul Agon,
Chief Executive Officer
Extract of 2007 Annual Report

To read the entire message, see the 2007 Annual Report (PDF format)