Title: Mr

Essay Details

Subject: Business
Author: Patrick N
Date: January 21, 2013
Level: University
Grade: A
Length: 6 / 1503
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

On the contrary, net debts, already very low (0.5 x Ebitda), continue to fall. As a result, ROE is excellent without the leverage effect coming into play, thanks to the growing contribution of the stake in Sanofi-Synthelabo – 17% of L’Oreal’s earnings in 1999, and 29% expected in 2003. At 17% in 2003, ROE is well above the cost of equity...

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On the contrary, net debts, already very low (0.5 x Ebitda), continue to fall. As a result, ROE is excellent without the leverage effect coming into play, thanks to the growing contribution of the stake in Sanofi-Synthelabo – 17% of L’Oreal’s earnings in 1999, and 29% expected in 2003. At 17% in 2003, ROE is well above the cost of equity...

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