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LVMH Perfumes & Cosmetics Operating Profit Up 10.6% In 2003

This article was originally published in The Rose Sheet

Executive Summary

LVMH's Perfumes & Cosmetics business generated a 10.6% increase in operating income to reach $215.2 mil. (€1=$1.21) for 2003, largely on the strength of Christian Dior Parfums, the firm reported in a year-end earnings release March 3
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