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Sales Up, But Profit Down at Energizer

Strategic initiatives enhance shareholder value for fiscal 2011.

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By: TOM BRANNA

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Energizer posted mixed results for its annual report for the year ended Sept. 30, 20111. According to the company, sales rose 9% to $4.2 billion, but profit dropped 35% to $261.2 million. “This past fiscal year, Energizer focused on investing in a number of strategic initiatives to enhance shareholder value,” said Ward Klein, chief executive officer.”We remain committed to innovation, brand and category development and capitalizing on other growth opportunities.We have rolle...

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