By  on November 7, 2011

PARIS — L’Oréal on Monday reiterated its ambition to outperform the beauty market in 2011 and to achieve another year of sales and profitability gains.

The French beauty giant reported third-quarter revenues rose 1.8 percent to 4.94 billion euros, or $6.99 billion, fueled by business in Asia and the L’Oréal Luxury Products Division. On a like-for-like basis, company sales in the three-month period ended Sept. 30 gained 4.8 percent.

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