Sales for the year ended 31 December 1996, which was highlighted by the consolidation of MAYBELLINE (USA), JADE (Germany) and INTERBEAUTY (Israel) for the first time, stood at FF 60.35 billion, an increase of 13.1 % on 1995 published figures and 8 % on a comparable basis.
Group operating profit rosé by 17.5 % to FF 7.36 billion. The contribution of the three main branches is as follows :
|Cosmetics||FF 5,847 million||+ 15.7 %|
|Pharmaceuticals||FF 1,524 million||+24.8%|
||FF 55 million||N.S.|
Corporate taxation increased by 14.8 % and the portion paid to minority interests also rosé, reflecting growth in SYNTHÉLABO's earnings. Consequently, net profit before capital gains and losses, after minority interests, which is used to calculate earnings per share, reached FF 3.73 billion, up 10.3%.
The estimated accounts will now be reviewed by the Board of Directors and the Statutory Auditors and will be given final approval on 22 April 1997.