Key Developments: L'Oreal SA (OREP.PA)

OREP.PA on Paris Stock Exchange

24 Dec 2014
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Latest Key Developments (Source: Significant Developments)

L'Oreal to appeal ruling of French Competition Authority
Thursday, 18 Dec 2014 06:50am EST 

L'Oreal SA:Says French Competition Authority`s ruled against manufacturers of household and hygiene products concerning events which took place in the early 2000s.L`Oreal will appeal this decision.  Full Article

L'Oreal and Nestle end joint venture Inneov
Thursday, 27 Nov 2014 12:01pm EST 

L'Oreal SA and Nestle:Announce project to end their joint venture Inneov during course of Q1 2015.Say brand has not met development expected by both partners.Say both partners will keep benefits of research and intellectual property as well as developments achieved which could be potentially used in their respective field.Say to be committed to review all employment opportunities within their Groups for all employees of Inneov.  Full Article

L'Oreal issues Q4 2014 and FY 2014 financial guidance
Monday, 3 Nov 2014 12:01pm EST 

L'Oreal SA:Says like-for-like growth should reaccelerate in Q4 2014, particularly in the Consumer Products Division.Sees improving operating profitability, and increasing net earnings per share in FY 2014, thanks in part to the accretive impact of the strategic transaction with Nestle.FY 2013 operating profit 3.88 billion euros.FY 2013 earnings per share 5.13 euros.FY 2014 operating profit 6.21 billion euros-Thomson Reuters I/B/E/S Estimates.FY 2014 earnings per share 5.35 euros-Thomson Reuters I/B/E/S Estimates.  Full Article

L'Oreal signs agreement to acquire Niely Cosmeticos Group in Brazil
Monday, 8 Sep 2014 02:31am EDT 

L'Oreal SA:Says it has signed agreement to acquire Niely Cosmeticos in Brazil.Financial details are not disclosed.  Full Article

L'Oreal finalizes disposal of its 50 pct ownership in Galderma to Nestle
Tuesday, 8 Jul 2014 12:00pm EDT 

L'Oreal SA:Finalizes disposal of its 50 pct ownership in Galderma to Nestle.  Full Article

HCP & Company Signs Agreement to Sell Investment in NYX Cosmetics to L'Oreal SA
Wednesday, 18 Jun 2014 12:30pm EDT 

L'Oreal SA:Says HCP & Company signing of agreement to sell its investment in NYX Cosmetics to L'OrĂ©al, as part of sale of company.  Full Article

L'Oreal signs agreement to acquire NYX Cosmetics
Wednesday, 18 Jun 2014 11:45am EDT 

L'Oreal SA:Signs definitive agreement to acquire NYX Cosmetics, based in Los Angeles.NYX FY 2013 net sales of $72 mln.NYX offers catalog of products including everyday basics, on-trend shades and special occasion makeup, among others.NYX Cosmetics is to continue operating out of Los Angeles headquarters under its current leadership team.Brand to become part of Consumer Products Division of L'Oreal.Closing is subject to usual regulatory approvals and other customary conditions.  Full Article

L'Oreal completes acquisition of Decleor and Carita
Wednesday, 30 Apr 2014 11:42am EDT 

L'Oreal SA:Finalizes acquisition of Decleor and Carita and completes transfer of ownership.  Full Article

L'Oreal to distribute FY 2013 dividend
Thursday, 17 Apr 2014 11:51am EDT 

L'Oreal SA:Decides to pay FY 2013 dividend of 2.50 euros per share.Dividend increased to 2.75 euros per share for shares held in registered form continuously for at least two years.Dividend payment date May 5.  Full Article

L'Oreal acquires Magic Holdings International Limited
Tuesday, 8 Apr 2014 02:30am EDT 

L'Oreal SA:Acquisition of Magic Holdings International Limited announced as effective, following approval by its AGM.Magic Holdings is Chinese company specializing in cosmetics facial masks and reported FY 2013 turnover of about 166 million euros.  Full Article

Nestle and L'Oreal to end Inneov joint venture in 2015

PARIS, Nov 27 - French cosmetics giant L'Oreal and food group Nestle on Thursday announced their intention to end their nutritional supplement joint venture Inneov as of the first quarter of next year.

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