Kao
This article was originally published in The Rose Sheet
Executive Summary
Sales of the consumer products business increased 1.9% to $3.12 bil. for the first six months ended Sept. 30, with revenues in North America and Europe growing "briskly," Japanese company announces Oct. 24. Operating income, however, declined by $3.8 mil. to $418.1 mil. North American sales for all divisions advanced 12.6% to $407.3 mil., while operating income in North America grew slightly to $24.1 mil. Consolidated sales for the firm were up 3% to $4.27 bil., while net operating income grew by $5.3 mil. to $557.2 mil...