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November 6, 2012
By: TOM BRANNA
Editor
• Beiersdorf AG officials said that the company’s performance in the first half of 2012 was in line with expectations, as organically, group sales rose by 2.6%. Group sales increased by 5.5% on the previous year to approximately $3.76 billion (€3,062 million). Operating result (EBIT) rose by 11.6% to $479 million (€390 million). The main driver for the improvement in earnings was the company’s positive development in the emerging markets. “On the whole, we are satisfied with how business...
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