Organizational Strategy - Sustainable Development - L'Oréal

More documents

Recommendations

Info

5 L’oréaL - GrI DaTa SHEETS 2011 - Group 2010: €3.0569 billion; 15.7% of turnover 2011: €3.2926 billion; 16.2% of turnover * Not allocated = group central expenses, basic research, stock options, free shares and miscellaneous. In % of cosmetics turnover. ** group share, i.e. 50%. as in 2010, this year all divisions again showed an increase in operating profitability, in particular L’oréal Luxe, up by 180 basis points. The Body Shop improved its profitability in 2011. Finally, Galderma experienced competition in generic products for two important medicaments, Differin 0.1% and Loceryl. PROFITabILITY PeR GeOGRaPHICaL ZONe Operating profit: Western europe 2010: €1.5220 billion; 21.6% of turnover 2011: €1.5123 billion; 20.9% of turnover North america 2010: €708.5 million; 16.5% of turnover 2011: €810.1 million; 18.4% of turnover New Markets 2010: €1.1248 billion; 16.9% of turnover 2011: €1.3281 billion; 18.4% of turnover Total for cosmetics zones* 2010: €3.3853 billion; 18.7% of turnover 2011: €3.6506 billion; 19.3% of turnover * Before non-allocated. The profitability of western Europe has declined slightly to 20.9%, going back to its 2009 level. The profitability of the North america and New Markets zones has again grown strongly, to reach 18.4% of turnover. NeT eaRNINGs PeR sHaRe**: €4.32 Consolidated profit and loss account: from operating profit to net profit excluding non-recurring items. Operating profit 2010: €3.0569 billion 2011: €3.2926 billion Products and financial charges excluding dividends received 2010: €–35.6 million 2011: €–25.2 million sanofi dividends 2010: €283.8 million 2011: €295.8 million Profit before tax, excluding non-recurring items 2010: €3.3052 billion 2011: €3.5631 billion Tax on profits, excluding non-recurring items 2010: €–931.9 million 2011: €–977.6 million Minority interests 2010: €–2.3 million 2011: €–2.5 million Group share of net profit excluding non-recurring items* 2010: €2.3709 billion 2011: €2.5829 billion 4/14
5 L’oréaL - GrI DaTa SHEETS 2011 Net profit per share**(e) 2010: €4.01 billion 2011: €4.32 billion Group share of net profit 2010: €2.2397 billion 2011: €2.4384 billion Group share of net diluted earnings per share (e) 2010: €3.79 billion 2011: €4.08 billion Diluted average number of shares 2010: 591,392,449 2011: 597,633,103 * Net profit, excluding non-recurring items, also excludes asset depreciation, restructuring costs, the effects of taxes and minority interests. ** Group share per diluted share, excluding non-recurring items. The total cost of net financial indebtedness fell strongly again this year and stands at 25.2 million euros. This new reduction results in a considerable lessening of our average debt. Dividends from Sanofi rose to 295.6 million euros, up by 4.2%. Tax on profits, excluding non-recurring items rose to 977.6 million euros, i.e. 27.4%, slightly down on 2010. The group share of net profit excluding non-recurring items amounted to 2.5829 billion euros, up by 8.9%. The net profit per share, at €4.32, was up by 7.8%. For 2011, after taking non-recurring items into account, i.e. a charge, net of taxes amounting to 144 million euros, the net profit is 2.4384 billion euros, up by 8.9%. CasH FLOW FROM OPeRaTIONs, baLaNCe sHeeT aND DebT The cash flow from operations was 3.2262 billion euros. The need for working capital increased by 322 million, following two years when it had reduced in absolute terms. This is a return to a situation more in line with the changes to group business. Investments, at 865.7 million euros, amounted to 4.3% of turnover. after paying a dividend and paying for acquisitions (Q-MED and Clarisonic), the group posted a net cash surplus of 504 million euros. The balance sheet structure is very solid since, at the end of 2011, own capital made up 65.7% of the assets. The strengthening of own capital over the 2010 results mainly from the profit allocated to reserves and the net re-valuation of Sanofi securities, valued at market price. DIVIDeND PROPOseD TO THe 17 aPRIL 2012 GeNeRaL MeeTING The Board of Directors has decided to propose to the General Meeting of shareholders on 17 april 2012, approving a dividend of 2 euros per share, up by 11% compared to the dividend paid in 2011. It will be paid on 3 May 2012 (ex-dividend date 27 april at midnight, Paris time). 2012 is the first year when shareholders who have been continuously registered for more than two years will receive a dividend greater than 10%. sHaRe CaPITaL The Board of Directors recorded that the amount of the share capital as at 31 December 2011 was 602,984,082 shares with a nominal value of €0.20, i.e. a total of 120,596,816.40 euros. > For more details, see the 2011 reference Document: Consolidated accounts p.87. 5/14
Page 1 and 2: 1 L’oréaL - GrI DaTa SHEETS 2011
Page 3 and 4: 2 L’OréaL - GrI DaTa SHEETS 2011
Page 13 and 14: 3 EXPErT L’oréaL - GrI DaTa SHEE
Page 43: 5 L’oréaL - GrI DaTa SHEETS 2011
Page 95 and 96:
9 L’OréaL - GrI DaTa SHEETS 2011
Page 97 and 98:
10 L’oréaL - GrI DaTa SHEETS 201
Page 99 and 100:
Page 101 and 102:
show all

Organizational Strategy - Sustainable Development - L'Oréal

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?