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Cosmetics giant L'Oreal says 3rd-quarter sales up 10.1 per cent

PARIS – L’Oreal says its sales grew 10.1 per cent in the third quarter thanks to strong demand across its range of consumer, professional and luxury cosmetics.

L’Oreal on Thursday reported third-quarter sales of 5.9 billion euros ($6.5 billion), up from 5.4 billion euros a year earlier.

Sales rose in all divisions and across most geographic regions, except Latin America and Eastern Europe.

L’Oreal says it’s on track to achieve higher sales and profit this year.