The Board expressed its gratitude to Mr Bernard Kasriel for the quality of his contribution during his 16 years of tenure. In 2019, skin care accounted for approximately 35 percent of L'Oréal's global consolidated sales. After years of … The Board closed the consolidated financial statements and the financial statements for 2019.The Board will propose to the Annual General Meeting the candidacy as a new independent director of Ms Ilham Kadri, CEO of the Solvay group.Ms Eileen Naughton, a L’Oréal director since 2016, has informed the Board of Directors that she does not wish to request the renewal of her term of office. The Board of Directors places great importance on respecting L’Oréal’s ethical principles – Integrity, Respect, Courage and Transparency – and more generally its Code of Ethics. On the proposal of Ms Françoise Bettencourt Meyers and her family, the Board will propose to the Annual General Meeting the candidacy of Mr Nicolas Meyers as a new director for a term of four years.The Board of Directors will propose to the Annual General Meeting of 21 April 2020 the renewal of the tenure as director of Ms Béatrice Guillaume-Grabisch and Mr Jean-Victor Meyers for a term of four years.Commenting on the Annual Results, Jean-Paul Agon, Chairman and CEO of L’Oréal, said: The Board of Directors of L’Oréal met on 6 February 2020, under the chairmanship of Jean-Paul Agon and in the presence of the Statutory Auditors.

The Board thanks Ms Eileen Naughton for her participation in the debates of the Board and in the work of the Human Resources & Remuneration Committee of which she was a member.As the appointments and renewals of tenure have an impact on the composition of the Committees, this is set out in detail in the table below, subject to the approval of the renewals of tenure and candidacies at the Annual General Meeting on 21 April 2020.The Board of Directors has decided to propose to the shareholders’ Annual General Meeting of 21 April 2020 a dividend of 4.25 euros per share, an increase of +10.4% compared with the dividend paid in 2019.

Sign In/Register. based on a comparable scope of consolidation and constant exchange rates, the sales growth of the L’Oréal group was +8.0%. based on a comparable scope of consolidation and constant exchange rates, the sales growth of the L’Oréal group was +8.0%. Between 2010 and 2019, the L’Oréal Group increased its consolidated sales by approximately 10 billion U.S. dollars worldwide. At the end of 2019, currency fluctuations had a positive impact of +2.1%. The Group generated sales amounting to 29.9 billion euros in 2019 corresponding to an 8,0% increase from 2018, and e-commerce growing by 52,4% accounting for 15,6% of sales. 2019 Sales. Discover L’Oréal’s 2019 Annual Report. The Group was named one of the 2019 World’s Most Ethical Companies by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
Explore cosmetics & makeup products by L'Oréal Paris. Growth at constant exchange rates was +8.8%.

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