By  on February 15, 2012

PARIS — Liliane Bettencourt’s having ended an era by leaving L’Oréal’s board has no impact on how it operates or the company’s shareholder structure, chairman and chief executive officer Jean-Paul Agon told financial analysts and journalists Tuesday. He added that L’Oréal is optimistic about its own — and the overall beauty market’s — growth perspectives for 2012.

“We are approaching [2012] with very considerable confidence. Firstly, because we believe that in spite of the economic uncertainties the cosmetics market will continue to be buoyant,” Agon said.He was speaking at company headquarters in the Paris suburb of Clichy during L’Oréal’s semiannual meeting to discuss financial results. It took place the day after the news about Bettencourt was announced.

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