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Sanofi perfumes/beauty products 1995 sales "slightly up" at $774.7 mil.

This article was originally published in The Rose Sheet

Executive Summary

SANOFI PERFUMES/BEAUTY PRODUCTS SALES "SLIGHTLY UP" AT $774.7 MIL. (FFr 3.9 bil) during 1995 on a comparable basis, Sanofi reported March 20. "Successful launches" and "efforts focused on major products" in the firm's beauty business helped offset lower sales in France in December due to public sector strikes and the "further intensification of selective distribution," Sanofi explained. Operating profit for the business grew 10% to $65.7 mil. U.S. dollar figures are based on a March 19, 1996 exchange rate of $1 = FFr 5.0345
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