UPDATE 1-Michelin Q1 sales drop as weak dollar hits


(Adds details) PARIS, April 23 (Reuters) - Europe's largest tyre maker Michelin posted a 4.9 percent fall in first-quarter sales on Wednesday as a weak dollar took its toll on export revenues. The French firm said sales in the first quarter dipped to 3.655 billion euros from 3.842 billion previously, but climbed 5.7 percent stripping out the effect of exchange rates. A weaker U.S. dollar, down an average 18 percent against the euro since the first quarter of 2002, and Latin American ...

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