By  on May 6, 2009

BERLIN – First-quarter net profits at German cosmetics and household products company Henkel, maker of Persil detergent and Taft hairspray, fell 45.7 percent to 121 million euros, or $158.5 million.

Sales rose 3.1 percent to 3.26 billion euros, or $4.27 billion, while operating profits sank 31.7 percent to 218 million euros, or $285.6 million. Dollar figures are converted at average exchange rates for the period.

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