AVON AMERICAS DIVISION HAS PRETAX PROFIT OF $200 MIL IN 1993,
This article was originally published in The Rose Sheet
Executive Summary
AVON AMERICAS DIVISION HAS PRETAX PROFIT OF $200 MIL IN 1993, making it the firm's largest earnings contributor worldwide during the year, President and Chief Operating Officer Ed Robinson told analysts at a March 31 meeting in New York City. Sales in the Americas, comprised of Latin America, Canada and Puerto Rico, were $1.2 bil. and accounted for 29.9% of Avon's 1993 consolidated sales, which were up 5.2% to $4.01 bil.