Sanofi
This article was originally published in The Rose Sheet
Executive Summary
Beauty sales up 2.1% to $480.4 mil. through nine months, based on FFr 5.5451 = $1. Consolidated sales in the period inched up 2.2% to $3.43 bil. Sanofi said third quarter sales "remained relatively stable in comparison with the corresponding year-earlier period and showed diversity in terms of geographic trading zones and business areas." In the beauty area, Sanofi announced sales through September advanced by 4%, noting "the profitability of the beauty business continued to show strong improvement in the third quarter 1998"