Mr

Essay specific features

 

Issue:

Business

 

Written by:

George C

 

Date added:

August 27, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1503

 

Was viewed:

10243 times

 

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Essay content:

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...
displayed 300 characters

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