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Wella sales

This article was originally published in The Rose Sheet

Executive Summary

Professional and Cosmetics & Fragrances divisions' sales were $1.8 bil. (€1=$1.20) during the six months, up 7.2% after currency, and 5% on a nominal basis, compared to the first half of 2003, company reports July 26. Cosmetics & Fragrances division sales increased 13.3% adjusted for currency and 11% in nominal terms, while Professional sales were up 4.4% after currency and 2.3% on a nominal basis. Total group sales are no longer relevant since P&G has assumed marketing responsibilities for consumer products, Wella notes. As a result of the transfer, consumer sales fell 9% after currency, or 10.9% nominally, while group sales as a whole gained a book increase of 2.4% adjusted for currency, or .3% nominally...
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