L'Oreal SA Annual Shareholders Meeting Transcript
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Ladies and gentlemen, (inaudible) for the L'Oreal Shareholders Meeting. I'd like to thank you for your presence, your loyalty, and I'd like to welcome all those of you who are joining us for the first time. I'd like to thank your Board members who are all present in the front. Let me remind you that this shareholders meeting is public through its being broadcast live on the L'Oreal website. It seeks to be (inaudible) as it always has been. This annual meeting is very important for us and for you too, we hope and we'd like it to be as informative and agreeable as possible.
So as usual after the various interventions, you'll have an opportunity to put questions on all issues that you'd like to address and obtain information about. The hostess is in the room and available to collect the questions that you'd like to submit to us. We've got the cards. Perhaps that's not very modern, but it's very useful.
I know that people like to write their question down on the card, sign
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