L'Oreal SA (OREP.PA)
|Market Cap (Mil.):||€70,187.02|
|Shares Outstanding (Mil.):||558.59|
(The following statement was released by the rating agency) MILAN/LONDON, September 11 (Fitch) Fitch has affirmed L'Oreal SA's (L'Oreal) Short-term Issuer Default Rating (IDR) at 'F1+'. The agency has also affirmed L'Oreal USA Inc's commercial paper (CP) programme, guaranteed by L'Oreal, at 'F1+'. The affirmation reflects the minimal impact on L'Oreal's leverage from a EUR2.8bn cash disbursement (net of intragroup repaid debt) to buy back shares from Nestle and the company's strong liquidit
PARIS, Sept 8 - L'Oreal Chief Executive Jean-Paul Agon cut his forecast for full-year growth in the global cosmetics market to between 3 percent and 3.5 percent from between 3.5 percent and 4 percent.
PARIS - L'Oreal said on Monday it had signed an agreement to acquire Niely Cosmeticos Group which it said was Brazil's largest independent hair coloration and hair care company.
PARIS, Sept 8 - L'Oreal said on Monday it had signed an agreement to acquire Niely Cosmeticos Group which it said was Brazil's largest independent hair coloration and hair care company.
* Rhone Capital to invest in co via preferred stock, warrants
* Shares drop 3.3 percent, top DAX decliner (Adds CEO, analysts comments, background, details)
PARIS, July 31 - French cosmetics giant L'Oreal reported a 4.1 percent rise in second-quarter comparable sales on Thursday, slightly below expectations, and said growth at its consumer goods division was held up by sluggish demand in the United States.
PARIS, July 31 - French cosmetics giant L'Oreal on Thursday posted a 4.1 percent rise in second-quarter like-for-like sales slightly below expectations and said growth at its consumer goods division was held up by sluggish demand in the United States.
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PARIS - L'Oreal finalized the buyback of an 8 percent stake in the French cosmetics giant from the Swiss food group Nestle in a deal that will boost earnings per share by more than 5 percent on a full year basis, L'Oreal said on Tuesday.