Why should you invest in L'Oréal ?

1. Why investing in
?
CHARLOTTE ROTTIERS 2AF02 ACCOUNTANCY & TAX

2. “ L’Oréal , offering beauty for all “
CHARLOTTE ROTTIERS 2AF02 ACCOUNTANCY & TAX

3. TABLE OF CONTENTS
I. The Worldwide cosmetics market
II. The solid results
III. The solid balance sheet
IV. The L’Oréal share
V. Conclusion
CHARLOTTE ROTTIERS 2AF02 ACCOUNTANCY & TAX

4. I. THE WORLDWIDE COSMETICS MARKET
• Total market : 153 billion euros
• Resilient market
• 2007-2009 : decrease +5.0% +1.0%
• 2009-2011 : increase +1.0% +4.4%
Solid market
CHARLOTTE ROTTIERS 2AF02 ACCOUNTANCY & TAX

5. II. THE SOLID RESULTS
• Growing company
• Focus on 2011 :
- gross profit 71.2% of sales
record level
- Operating profit 3.293
million euros
Strong results > operational
higher efficiency in - Research
- Innovation
- Promotion
- etc
CHARLOTTE ROTTIERS 2AF02 ACCOUNTANCY & TAX

6. III. THE SOLID BALANCE SHEET
Positive cash flow
CHARLOTTE ROTTIERS 2AF02 ACCOUNTANCY & TAX

7. IV. THE L’ORÉAL SHARE
• To achieve sustainable growth
“Loyalty bonus”
CHARLOTTE ROTTIERS 2AF02 ACCOUNTANCY & TAX

8. V. CONCLUSION
Why should you invest in L’Oréal ?
I. “Offering beauty for all “
II. Main leader in worldwide cosmetic market
III. Steadily growing and solid results
IV. Healthy balance sheet
V. +11% advantageous dividend
CHARLOTTE ROTTIERS 2AF02 ACCOUNTANCY & TAX

9. THANK YOU FOR LISTENING !
Sources : http://www.loreal.com/_en/_ww/html/our-
company/welcome.aspx
http://www.businessdictionary.com/definition/positive-cash-
flow.html#ixzz2C8qPpJG1
CHARLOTTE ROTTIERS 2AF02 ACCOUNTANCY & TAX