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On Friday 19 February 2021 at 3.20 p.m. Paris time (9.20 a.m. EST), Jean-Paul Agon, Chairman and CEO of L'Oréal, and Nicolas Hieronimus, Deputy Chief Executive Officer, in charge of Divisions, spoke at the 2021 Consumer Analyst Group of New York Conference.
Click here to access the replay
Results
L’Oréal accelerates growth in the fourth quarter, reinforces its market shares, and preserves its profitability at 18.6%
Sales: 27.99 billion euros
-4.1% like-for-like [1]
-3.6% at constant exchange rates
-6.3% based on reported figures
Operating profit: 5.20 billion euros, representing 18.6% of sales
Earnings per share [2]: 7.30 euros
Acquisitions
Clichy, 1 February 2021 - L’Oréal has finalised the acquisition of Takami Co announced on 23 December 2020.
Cyril Chapuy, President L’Oréal Luxe, said : « We are very pleased to welcome Takami’s employees to L’Oréal Luxe, and are looking forward to combining our expertise to grow the brand further ».
Appointment
Clichy, 12 January 2021 – L’Oréal announces the appointment of Blanca JUTI to the Group’s Executive Committee in the role of Chief Communications & Public Affairs Officer. She succeeds Lucia DUMAS, who has decided to pursue her professional career outside of the Group after three years at L’Oréal.
Others
Clichy, 11 January 2021 - L’Oréal today unveiled its new “beauty tech” innovation at CES 2021: L’Oréal Water Saver, a sustainable haircare system for the salon and at-home beauty routine, developed with environmental innovation company Gjosa.
Acquisitions
Clichy, 23 December 2020 – L’Oréal announces the signing of an agreement to acquire the Japanese company Takami Co. This company develops and markets products licensed by the skincare brand Takami, owned by Doctor Hiroshi Takami, founder of two eponymous dermatological clinics in Tokyo.
To keep informed about L’Oréal’s latest financial news and events download the new version of the “L’Oréal Finance” app. The latest version of the app is now available for smartphone and tablet on the App Store and Google Play.
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Others
Clichy, 10 December 2020 – As part of its acceleration strategy in e-commerce, L’Oréal announces a minority investment in US-American social selling platform Replika Software, Inc., made through its corporate venture capital fund BOLD Business Opportunities for L’Oréal Development.
Sustainable Development
For the fifth year in a row, L’Oréal recognized as a world environmental leader with triple ‘A’ CDP rating, for its actions to tackle climate change, protect forests and ensure water security
