Despite the market's initial negative reaction to L'Oreal's latest results last week, the company's chief executive, Jean-Paul Agon, insists the world's largest cosmetics company is still worth it.
Narrowly missing its expected operating margin, the makers of Garnier hair products and Maybelline make-up saw its share price fall by more than five per cent from €101 to €96.58 in a single day - the worst drop in almost two years.
Up until Tuesday's results, L'Oreal...
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