L’Oréal 2010 Annual Results – growth in sales and profits

Logo L'Oréal.

The Board of Directors of L’Oréal met on February 10th, 2011 under the chairmanship of Sir Lindsay Owen-Jones and in the presence of the Statutory Auditors. The Board closed the consolidated financial statements and the financial statements for 2010.

Commenting on the figures, Mr Jean-Paul Agon, Chief Executive Officer of L’Oréal, said: “In the context of an upturn in the cosmetics market, L’Oréal achieved strong sales growth. The group advanced in all zones, all channels and all business segments; more dynamic than the market, it bolstered its position as the world number one in beauty.

2010 was a year of conquests for the group, with several of our brands achieving spectacular breakthroughs: L’Oréal Professionnel with its hair colourant Inoa, Maybelline in mass-market make-up, Yves Saint Laurent which is experiencing a true renaissance, and La Roche-Posay which is continuing its expansion. Sorry you have no rights to view the full post! Futher information are only available for registered members.

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