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Finance
The L’Oréal group, the world’s leading beauty player, announces today the launch of the L’Oréal BOLD FEMALE FOUNDERS initiative designed to support female-led startups. It will be developed by its venture capital fund, BOLD Business Opportunities for L’Oréal Development, through a dedicated initial allocation of 25 million euros.
Others
After 10 years of research, L'Oréal introduces UVMune 400 its breakthrough sun filtering technology that effectively protects the skin against insidious ultra-long UVA rays.
Finance
L’Oréal’s corporate venture capital fund BOLD (Business Opportunities for L’Oréal Development) announces a minority investment in Japanese beauty startup SPARTY, Inc. This investment in SPARTY marks the first venture capital investment by L’Oréal in Japan.
Other financial information
L’Oréal is announcing the launch of its third Employee Share Ownership Plan.
The plan will be rolled out in 63 countries and will give L’Oréal employees, in France and internationally, the possibility to be even more closely linked to the Group’s development.
Nicolai Tangen, the CEO of Norges Bank Investment Management, interviews leaders of some of the largest companies in the world in his podcast series "In Good Company".
Others
L’ORÉAL ANNOUNCES THE LAUNCH OF A NEW CIRCULAR INNOVATION FUND TO SCALE BREAKTHROUGH CIRCULAR INNOVATIVE SOLUTIONS FROM AROUND THE WORLD
Managed by Demeter and Cycle Capital, the impact investing Circular Innovation Fund aims at scaling growth stage circular innovations
Annual General Meeting
Renewal of the term of office as Directors of Mr Jean-Paul Agon, Mr Patrice Caine and Ms Belén Garijo
Dividend of €4.80 per share increased by +20%
Renewal of the duties of Mr Jean-Paul Agon as Chairman of the Board of Directors
Others
L’Oréal's Annual General Meeting was held and livestreamed on Thusday 21 avril 2022. Watch the full replay of the webcast below.
Watch the webcast replay in French
Watch the webcast replay in English
Consult the Annual General Meeting documents
Sales
Sustained growth pace at +13.5% 1
in an unstable context
Very strong reported growth: +19.0%
Sales: 9.06 billion euros
+13.5% like-for-like 1
+13.9% at constant exchange rates
+19.0% based on reported figures
Significantly outperforming the market
Balanced growth, by Division and Zone
Others
Our 2021 Annual Report is live: http://www.lorealannualreport2021.com