Loreal 2015 Annual Report Download - page 56

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SUPPORTING L’ORÉAL’S SUSTAINABLE
GROWTH
2015 was another year of growth in sales, results
and profitability. Working closely with the group’s
different entities, the administration, controlling
and finance teams help to build and foster a solid
relationship of trust that is essential for L’Oréal’s
sustainable growth. This trust is based on constant
vigilance, fairness, transparency, professionalism
and an ethical approach in our relations with all
stakeholders. This year once again, we strongly
contributed to the economic and financial man-
agement of L’Oréal’s businesses, the identification
of risks and opportunities, and the optimisation of
resource allocation.
BUILDING ON TRUST
The relationship of trust between L’Oréal and all
its stakeholders is maintained through
constant vigilance. The group’s financial
health depends on closely monitoring cash flow and making sure that financing is secure.
With suppliers and customers, the relationship of
trust is based on professionalism and ethical
behaviour in all exchanges. As for shareholders
and investors, the financial communications team
maintains a close relationship with them by wel-
coming dialogue and providing fair and transparent
information about the group’s activities. The
teams work to assist the Board of Directors and its
Committees, striving to maintain the highest
quality standards.
We help to build a
solid relationship of trust
that is essential for L’Oréal’s
sustainable growth
ADMINISTRATION AND FINANCE
Building trust
and supporting
growth
CHRISTIAN MULLIEZ
EXECUTIVE VICE-PRESIDENT
CHIEF FINANCIAL OFFICER
45
INTERNAL AUDIT
MISSIONS
CONDUCTED IN 2015
SHAREHOLDERS WHO
ATTENDED THE ANNUAL
GENERAL MEETING IN
2015
SOME
1,800
INTERNAL CONTROL
AWARDS
3rd
YEAR
VISITS ON THE 2014
ANNUAL REPORT
WEBSITE
SOME
130,000
54