2005 SUSTAINABLE DEVELOPMENT REPORT

Key figures 2005 (IFRS standards)
2005 consolidated sales: €14,533 million
2005 net profit excluding non-recurrent items after minority interests:
€1,638.5 million
Dividend put forward at the Annual General Meeting on April 25 th , 2006: €1
WORKFORCE
52,403 employees of 100 different nationalities at December 31 st , 2005
GLOBAL PRESENCE
■ The group is present in more than 130 countries
■ The group has 290 subsidiaries
INDUSTRIAL PRESENCE
■ The group has 42 factories worldwide
INVESTMENT IN RESEARCH
3.4% of consolidated sales devoted to research
2,900 people engaged in cosmetics and dermatological research
529 patents registered in 2005
Sustainable Development Report_L’ORÉAL 2005
A SUSTAINABLE GROWTH
STRATEGY
L’Oréal considers internal growth to be the
main focus of its development. The group
ensures healthy long-term geographic and
sector-based balance for its brands and
increases the rate of its international expansion
through a highly selective acquisition
policy. As a result, L’Oréal has enjoyed double-digit
growth in earnings for many years.
L’Oréal looks to the growth of new markets,
especially in developing regions such as in
Asia, Eastern Europe and Latin America.
However, the group’s growth is never at the
expense of a responsible attitude: by manufacturing
locally as soon as practical, we contribute
to local economic development,
applying the principles outlined in our Code
of Business Ethics.
OUR BUSINESS CATEGORIES
AND BRANDS
L’Oréal is active in cosmetics (98% of consolidated
sales in 2005) and dermatology through
the Galderma subsidiary in which the group
holds 50%.
In cosmetics, L’Oréal is organised according
to distribution channels.
For detailed information on L’Oréal’s financials,
see the group’s Annual Report or
www.loreal-finance.com
CONSOLIDATED SALES
€ millions
13,641
14,533
+6.5%
2004 2005
IFRS