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Euro's slide pays off for many European firms

Weaker currency gives companies like Bayer, L'Oreal and Sanofi "a competitive edge"; there is optimism that currency move is fuelling an economic recovery

Published Sun, May 3, 2015 · 09:50 PM
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Paris

THE euro's slide against the US dollar is paying off for companies from German drug and chemical maker Bayer AG to French cosmetics giant L'Oreal SA, adding to optimism that the currency move is fuelling an economic recovery.

Bayer raised its 2015 sales and profit forecasts o…

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Sanofi

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