Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  L'Oreal    OR   FR0000120321

L'OREAL (OR)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

L'OREAL : L'Oréal : News Release: "L'Oréal Acquires 100% of Cadum"

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/26/2012 | 06:05pm CEST
 
 
 

Clichy, April 26th, 2012 at 6:00 p.m.

 


L'Oréal Acquires 100% of Cadum

Clichy, April 26th, 2012 - L'Oréal announces today that it has closed the acquisition of 100% of Cadum, the majority of which was held by investment fund Milestone.

In 2011, Cadum achieved consolidated sales of 58 million euros, 49 million euros of which in France, mainly with the brand Cadum.

This business will join France's Consumer Products Division lead by its General Manager Hervé Navellou. This division is made up of three business units: L'Oréal Paris, Garnier-Gemey-Maybelline and LaScad. Their products are distributed in mass retail channels.

"Cadum is an important acquisition for L'Oréal in France," Hervé Navellou stated. "Cadum is a hundred-year-old brand that enjoys a great reputation, is growing rapidly and has interesting development perspectives. It blends seamlessly into our strategy to conquer new consumers in France."

About L'Oréal

 

L'Oréal, the world's leading beauty company, has catered to all forms of beauty in the world for over 100 years and has built an unrivalled portfolio of 27 international, diverse and complementary brands. With sales amounting to 20.3 billion euros in 2011, L'Oréal employs 68,900 people worldwide. Regarding sustainable development, Corporate Knights, a Global Responsible Investment Network, has selected L'Oréal for its 2012 ranking of the Global 100 Most Sustainable Corporations in the World. L'Oréal has received this distinction for the 5th consecutive year. www.loreal.com:
http://www.loreal.com/

"This news release does not constitute an offer to sell, or a solicitation of an offer to buy L'Oréal shares. If you wish to obtain more comprehensive information about L'Oréal, please refer to the public documents registered in France with the Autorité des Marchés Financiers, also available in English on our Internet site www.loreal-finance.com:
http://www.loreal-finance.com/.

This news release may contain some forward-looking statements. Although the Company considers that these statements are based on reasonable hypotheses at the date of publication of this release, they are by their nature subject to risks and uncertainties which could cause actual results to differ materially from those indicated or projected in these statements."


Contacts at L'Oréal (switchboard: +33 1 47 56 70 00)


Individual shareholders and market authorities
Mr Jean Régis CAROF
Tel: +33 1 47 56 83 02
[email protected]:
mailto:[email protected]

Financial analysts and Institutional investors
Mrs Françoise LAUVIN
Tel: +33 1 47 56 86 82
[email protected]:
mailto:[email protected]

Journalists
Mrs Stephanie CARSON-PARKER
Tel: +33 1 47 56 76 71
[email protected]:
mailto:[email protected]


For more information, please contact your bank, broker or financial institution (I.S.I.N. code: FR0000120321), and consult your usual newspapers, and the Internet site for shareholders and investors, http://www.loreal-finance.com:
http://www.loreal-finance.com/, or its mobile version on your cell phone, http://loreal-finance.mobi; alternatively, call +33.1.40.14.80.50.


News Release of April 26, 2012:
http://hugin.info/136480/R/1606312/509121.pdf



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: L'Oreal via Thomson Reuters ONE

HUG#1606312
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on L'OREAL
05/25 L'OREAL : L’Oréal encourages consumers to recycle, live green
05/17 L'OREAL : This is how Deepika Padukone woke up at Cannes
05/10 L'OREAL : Suez and l'oreal sign a global memorandum of understanding on environm..
05/10 PROGRAMMATIC 101 : Marketers turn to vendors for ad tech lessons
05/09 L'OREAL : Suez and L’Oreal sign a global memorandum of understanding on en..
05/09 L'OREAL : L’Oréal wins Retail trophy at Logistics ME Awards
05/09 L'OREAL : A passion for beauty
05/08 L'OREAL : Aston Martin backer enters next round of bids for The Body Shop
05/05 L'OREAL : EcoHealth Alliance Will Honor L'Oreal At Annual Spring Benefit
05/04 L'OREAL : EcoHealth Alliance Will Honor L'Oreal At Annual Spring Benefit
More news
Sector news : Cosmetics & Perfumes
05/24DJGillette Faces New Attack From an Old Razor Rival
05/22 Cross-border M&A between U.S. and European firms at 10 year high
05/17 Trump turmoil drags European shares into worst day in eight months
05/17DJRalph Lauren Taps P&G Executive as CEO -- 3rd Update
05/17DJRalph Lauren Taps P&G Executive as CEO -- 2nd Update
More sector news : Cosmetics & Perfumes
News from SeekingAlpha
04/26 Tracking Ken Fisher's Fisher Asset Management Portfolio - Q1 2017 Update
04/06 Nestle uncertain on L'Oreal stake
04/06 In 2015, I Valued Valeant Sub-$10 And Stayed Bearish, What Now?
03/30 COTY : A Stable Business With Expanding Cash Flow Is A Beautiful Thing
03/23 WALL STREET BREAKFAST : High Stakes For Healthcare Vote
Advertisement
Financials (€)
Sales 2017 27 727 M
EBIT 2017 4 957 M
Net income 2017 3 832 M
Finance 2017 1 282 M
Yield 2017 1,90%
P/E ratio 2017 27,65
P/E ratio 2018 25,99
EV / Sales 2017 3,79x
EV / Sales 2018 3,57x
Capitalization 106 415 M
More Financials
Chart L'OREAL
Duration : Period :
L'Oreal Technical Analysis Chart | OR | FR0000120321 | 4-Traders
Full-screen chart
Technical analysis trends L'OREAL
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 28
Average target price 179 €
Spread / Average Target -5,3%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Jean-Paul Agon Chairman, Chief Executive Officer & Executive VP
Barbara Lavernos Executive Vice President-Operations
Christian Mulliez Chief Financial Officer & EVP-Administration
Laurent Attal Executive Vice President-Research & Innovation
Martha Crawford-Heitzmann SVP-Advanced Research & Scientific Directorate
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
L'OREAL9.23%118 288
KAO CORP24.67%30 826
AMOREPACIFIC CORP--.--%20 100
COTY INC4.10%14 250
SHISEIDO COMPANY, LIMI..25.10%13 346
AMOREPACIFIC GROUP--.--%11 439
More Results