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Sanofi-Aventis struggles to combat weak dollar

This article was originally published in Scrip

Executive Summary

Sanofi-Aventiscontinued its battle against the weak dollar in the second quarter, with net sales of €6.7 billion, down by 3.6% on a reported basis. Exchange rate movements had an unfavourable effect of 6.5%, of which nearly 75% was due to the US dollar, the company said.

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