Loreal 2011 Annual Report Download - page 87

85REGISTRATION DOCUMENT − L’ORÉAL 2011
Comments on the2011 nancialyear
3
Recent events and prospects
3.3 . Recent events and prospects
3.3 .1. Significant events
thathaveoccurred since
the beginning of2012
See subsequent events in note 31 of the consolidated financial
statements page139 .
No significant event has occured since the beginning of the
2012 financial year.
3.3 .2. Prospects
L’Oréal’s performances in2011 demonstrate the relevance
of the strategic thrusts and provide further confirmation of
the key role played by research, innovation and creativity in
the Group's industry.
2011 was also another year of solid construction for operating
profit. The strong growth in results reflects the virtuous
dynamics set in motion: operational efficiency has advanced
in all fields of activity, enabling L’Oréal to prepare well for the
future, and the profitability of the New Markets zone increased
substantially.
The good quality of these results means that the Group is
more confident than ever in its ability to achieve sustainable
and profitable growth. L’Oréal is well equipped to succeed in
its strategy of universalising beauty and to achieve another
year of sales and profit growth in2012.
To the know led ge of the Company, at February 29th, 2012,
no events has occured hat could have a significant impact
on the financial or commercial situation of the Group since
December 31st, 2011.