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LOREAL
L'Oreal is one of the largest cosmetics companies in the world. It produces and markets a range of make-up, perfume, hair and skin care products in over 130 countries. The company operates primarily
in Europe and North America. It is headquartered in Clichy, France
and employs about 60,850 peoples. The company recorded revenues
of E15,790 million during the fiscal year ended December 2006, an
increase of 8.6% over 2005. The operating profit was E2,541 million
in fiscal year 2006, an increase of 12.1% over 2005. The net profit
was E1,833 million in fiscal year 2006, an increase of 11.8% over 2005.
COMPANY AT A GLANCE
MISSION:
At L’ORÉAL, we believe that everyone aspires to beauty. Our mission is to help men and women around the world realise that aspiration, and express their individual personalities to the full. This is what gives meaning and value to our business, and to the working lives of our employees.
We are proud of our work
GROUP PROFILE
- A century of expertise in cosmetics
- €17 billion consolidated sales in 2007
- 25 global brands
- A sustainable business model
RESEARCHE & DEVELOPMENT
- 3,095 employees of 60 different nationalities working in 30 different disciplines
- €560 million dedicated to cosmetic and dermatological research in 2007
- 16 research centers across the world
- 1/3 of the R&D budget devoted to Advanced Research
- 120 molecules designed and patented over the last 40 years
- 4,000 formulas developed each year
- 576 patents filed in 2007
- 100 active cooperation agreements with leading academic and research instituti ...