SANOFI SALES UP 3.6 PERCENT
PARIS — Sanofi announced Tuesday that sales for its fragrance and beauty division reached $369.4 million (1.95 billion francs) for the first six months of this year.
This figure is not comparable with the sales of $152.7 million (794 million francs) for the same period last year due to the acquisition of Yves Saint Laurent in May 1993, the company said.
On a comparative basis, sales for the division would have risen 3.6 percent. Among Sanofi’s individual brands, the strongest gainers were Yves Saint Laurent, with a 14 percent sales gain, and Van Cleef & Arpels, which posted a 20 percent increase. YSL benefited from the launch of its Champagne fragrance and Van Cleef & Arpels got a boost from the introduction of the Miss Arpels fragrance.
Sanofi added that sales for its majority-owned Yves Rocher subsidiary, specializing in natural-based cosmetics, were up 8 percent this year in France and abroad.
Overall, sales for the Sanofi group were up 11.8 percent to $1.3 billion (6.7 billion francs) for the first six months of this year. Without counting the YSL results, sales would have risen 5.9 percent on a comparable basis.