We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Name | Symbol | Market | Type |
|---|---|---|---|
| Loreal Co (PK) | USOTC:LRLCY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.58 | -0.66% | 87.88 | 87.87 | 88.08 | 88.41 | 87.59 | 88.33 | 84,090 | 21:04:04 |
From Jul 2019 to Jul 2024
By Cristina Roca
L'Oreal SA (OR.FR) said Friday that it will book a 320 million euro ($353.5 million) tax charge for 2019 after reaching a settlement with the French authorities regarding the tax base of three of its subsidiaries over the fiscal years 2014 to 2018.
The beauty giant said the financial impact for the five-year period amounts to EUR47 million for its Lancome Parfums et Beaute subsidiary, EUR115 million for its Cosmetique Active International subsidiary, and EUR158 million for its Prestige & Collections International subsidiary.
No tax penalties were incurred, and the amount will be recorded as an exceptional charge for 2019 with no significant recurrent impact in the future, L'Oreal said.
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
September 20, 2019 13:07 ET (17:07 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Loreal (PK) Chart |
1 Month Loreal (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
