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Avon Products Sees Falling Revenue In 2014

February 12, 2015: 12:00 AM EST
Avon Products, Inc. said revenue declined 12 percent in the fourth quarter of 2014, although 5 percent higher in constant dollars. Operating margin for the quarter rose to 7.3 percent, while adjusted operating margin was 9.3 percent. For the full-year 2014, revenue dropped 11 percent, and was relatively unchanged in constant dollars. Operating margin for the full year was 4.5 percent, higher than 4.3 percent in the previous year. Full-year adjusted operating margin was 8.3 percent, the company said.
"Avon Reports Fourth-Quarter and Full-Year 2014 Results", Avon Products, February 12, 2015, © Avon Products, Inc.
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