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MarketScreener Homepage  >  Equities  >  OTC Bulletin Board  >  L'Oreal SA (ADR)    LRLCY

L'OREAL SA (ADR)

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Nestle Chairman Says L'Oreal Sale Is an 'Active' Issue for Board -FT

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12/03/2018 | 04:28am EDT

--A sale of Nestle's stake in the cosmetics form L'Oreal is "something active on the board's agenda", chairman of Nestle's board Paul Bulcke told the Financial Times.

--Nestle will "take the right action at the right time" regarding a potential divestment, Mr. Bulcke told the FT.

--Activist investor Third Point has been pushing the Swiss food and beverage company to sell its 23% stake in L'Oreal and use the proceeds to buy back shares.

Full story: https://on.ft.com/2RuXhOJ

Write to Barcelona editors at barcelonaeditors@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
L'OREAL SA (ADR) End-of-day quote.
L'ORÉAL 0.00% 252.9 Real-time Quote.25.70%
LONDON COFFEE -1.07% 1765 End-of-day quote.0.00%
LONDON SUGAR 0.27% 334.1 End-of-day quote.0.03%
NESTLÉ -0.82% 90.65 Delayed Quote.28.37%
NESTLÉ -0.74% 101.48 Delayed Quote.28.12%
NEW YORK COCOA 1.16% 2529 End-of-day quote.4.55%
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Financials ($)
Sales 2017 31 899 M
EBIT 2017 5 732 M
Net income 2017 -
Debt 2017 -
Yield 2017 -
P/E ratio 2017 0,00
P/E ratio 2018 0,00
Capi. / Sales 2017 -
Capi. / Sales 2018 -
Capitalization -
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Buy
Mean consensus UNDERPERFORM
Number of Analysts 1
Average target price 41,7  
Spread / Average Target
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Managers
NameTitle
Jean-Paul Agon Chairman & Chief Executive Officer
Alexis Perakis-Valat President-Consumer Products Division
Barbara Lavernos Executive Vice President-Operations
Christian Mulliez Chief Financial Officer & EVP-Administration
Laurent Attal Executive Vice President-Research & Innovation
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