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Finance
New York, NY – October 20, 2014 – L’Oréal USA announced today the signing of a definitive agreement to acquire Carol’s Daughter. Headquartered in New York City, Carol’s Daughter is a premier American multi-cultural beauty brand with a pioneering heritage in the natural beauty movement.
Finance
The following information concerns shareholders who are tax residents of France.
Request for exemption from the 21% deduction on dividends to be received in 2015.
Appointment
Clichy, 29 September 2014 – Barbara LAVERNOS is appointed Executive Vice-President Operations (sourcing, production, supply chain) and member of L’Oréal’s Executive Committee as of November 1, succeeding Jean-Philippe BLANPAIN.
Acquisitions
Herzogenaurach / Germany and Clichy / France, 26 September 2014 – Sports company PUMA SE and leading beauty company L'Oréal have signed a license agreement for beauty products, becoming effective 1 January 2015. PUMA’s license contract with former personal care product licensee Procter & Gamble will terminate on 31 December 2014.
Acquisitions
L'Oréal announced today that it has signed an agreement to acquire NIELY COSMETICOS in Brazil. Founded in 1981 by Daniel Fonseca de Jesus, Niely Cosmeticos is the largest independent hair coloration and hair care company in Brazil, one of the world's largest hair color and hair care markets.
Share buyback programme
Buyback of 48,500,000 L’Oréal shares owned by Nestlé and disposal of L’Oréal’s holding in Galderma to Nestlé
L'Oréal announces that it has finalised today:
the acquisition of 48,500,000 L’Oréal shares (8% of its share capital) owned by Nestlé, and
the disposal of its 50% ownership in Galderma to Nestlé.
Acquisitions
Strategic Acquisition of one of the Fastest Growing Makeup Artistry Brands in the USA
Acquisitions
In line with the press release issued in February 2014, L'Oréal announces that it has finalised the acquisition of Decléor and Carita and completed the transfer of ownership today.
About L’Oréal
Annual General Meeting
Renewal of the tenure of Mr Jean-Paul Agon as Director and as Chairman and Chief Executive Officer
Renewal of the tenure as Director of Mr Xavier Fontanet
Appointment as Director of Mrs Belén Garijo
Approval of a dividend of €2.50, up by +8.7%
All the resolutions submitted to the Annual General Meeting were approved by a large majority
Sales
An encouraging and contrasted first quarter
Sales: 5.64 billion euros
+3.5% like-for-like
+2.8% at constant exchange rates
-2.2% based on reported figures
L’Oréal Luxe and Active Cosmetics continue their very good momentum
Professional Products Division accelerates
Consumer Products Division held back by North America
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