"Supporting growth and dialogue with stakeholders"
Christian Mulliez
Executive Vice-President - Chief Financial Officer
2018 was another year of growth in sales, results and profitability
The Administration and Finance teams foster a solid relationship of trust with all stakeholders, based on attentiveness, constant vigilance, fairness, transparency, professionalism and strong ethics. A focus on expertise, monitoring, best practices and service is at the heart of everything we do.
This year once again, the Administration and Finance teams worked closely with the Group’s different entities. They actively contributed to the Group’s economic and financial management, helping to identify risks and opportunities, implement solutions in response to changes in consumption and purchasing habits, and optimise the allocation of resources.
The Group’s financial health is underpinned by strong operational discipline, closely monitored cash flows and secure financing. We maintain a close relationship with shareholders based on dialogue that consistently provides accurate, fair and transparent economic information as well as a practical perspective about the Group’s activities within the beauty market. The Administration and Finance teams also work to assist the Board of Directors and its Committees with a view to ensuring the long-term growth of L’Oréal.