By  on February 15, 2010

PARIS — L’Oréal’s net profits and sales declined in 2009. Meanwhile, the French beauty giant said it is poised to return to growth this year.

L’Oréal posted net profits of 1.79 billion euros, or $2.5 billion, in the 12 months ended Dec. 31, down 8 percent on the same prior-year period.

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