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Business

Hair Care Company Wella Shows Strong Results

After showing strong results in the first nine months of 2002, the hair care and cosmetics company Wella has raised it sales forecast for the year as a whole. The company, based in the city of Darmstadt, announced January-to-September profits of around 186 million euro (dollars) and a 6.3 percent growth in turnover this year. Despite the continuing weak economic climate, Wella is remaining by its forecast of a 10 to 14 percent overall increase in sales.