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THE ESTÉE LAUDER COMPANIES INC.

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Estee Lauder : The Estée Lauder Companies Donates to Aid Henan Disaster Relief

07/30/2021 | 02:39pm EDT
The Estée Lauder Companies Donates to Aid Henan Disaster Relief ELC's donation to Shanghai Charity Foundation Minhang District Branch will support emergency disaster relief

Press Release, Jul 30, 2021


Shanghai, July 30, 2021 - Following the devastating floods in the Henan Province, The Estée Lauder Companies donated RMB 5Million to the Shanghai Charity Foundation Minhang District Branch to support emergency disaster relief, those affected by the disaster, the rescue teams, as well as purchase disaster relief supplies, and post-disaster recovery.

Since July 17, the unprecedented heavy rain has affected many cities in the Henan Province, resulting in casualties and the loss of homes for many residents. The Estée Lauder Companies immediately activated a 24-hour employee communication mechanism to reach out to all employees located in Henan Province to ensure their safety and that of their families, ensuring full support is provided.

Joy Fan, President of China, The Estée Lauder Companies said, 'We are deeply concerned about the people of Henan and those who are fighting on the frontline day and night to support those who are impacted. We will do our part to help those whose lives have been deeply affected by this disaster. From supporting the fight against COVID-19 to supporting the disaster-stricken areas in Henan, we are committed to continuously supporting our local communities in times of need, as a caring and responsible corporate citizen.'

Disclaimer

The Estée Lauder Companies Inc. published this content on 30 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2021 18:38:04 UTC.


© Publicnow 2021
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Sales 2022 18 832 M - -
Net income 2022 2 615 M - -
Net Debt 2022 212 M - -
P/E ratio 2022 44,9x
Yield 2022 0,72%
Capitalization 116 B 116 B -
EV / Sales 2022 6,15x
EV / Sales 2023 5,58x
Nbr of Employees 48 670
Free-Float 39,0%
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Last Close Price 319,88 $
Average target price 356,34 $
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Fabrizio Freda President, Chief Executive Officer & Director
John D. Demsey Executive Group President
Jane Hertzmark Hudis Executive Group President
Stéphane de la Faverie Group President
Tracey Thomas Travis Chief Financial Officer & Executive Vice President
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