BRIEF-Avon CEO: "We have made significant progress" in settling FCPA bribery probe

Thu Feb 13, 2014 9:54am EST

Feb 13 (Reuters) - Avon Products Inc : * CEO says "we have made significant progress" in settling fcpa bribery probe * CFO "don't expect to resume sales growth until the second half of the year" * CFO: "recovery is taking longer than we expected and it will take US sometime

to reverse the trend" * CEO: "we have ample liquidity to be able to pay" bribery probe settlement

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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