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(From CosmeticsDesign) Professional and salon hair care provider Sally Beauty has posted lower profits in its first year of independent trading, attributed mainly to debt repayments following its spin-off from Alberto-Culver a year ago. The lower profits came despite the company reporting that sales increased by 5.5 percent for the fourth quarter ending in September, to reach $639.7m, which put full year sales at $2.5bn, a rise of 5.9 per cent.
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