Company News

Revlon Reports 2003 Sales up 16%, New Debt Plan

Author Image

By: TOM BRANNA

Editor

Revlon, Inc. said full-year net sales rose 16% to $1,299 million (net sales increased 9% excluding the impact of growth plan-related charges) for the year ended Dec. 31, 2003. The company indicated that significant progress was made in 2003 to strengthen the business and position the company to achieve its objective of long-term profitable growth.Debt-laden Revlon Inc. said it has entered into agreements that would cut its debt by about $930 million, or roughly 50%, with Fidelity Management &#03...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters