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Quaas says performance is "in line with our planning."
May 5, 2011
By: TOM BRANNA
Editor
The Beiersdorf Group recorded organic sales growth of 0.1% in the first quarter of 2011. At current exchange rates, group sales were up by 1.7% on the previous year, reaching approximately 2.08 billion, according to the company. The operating result (EBIT) excluding special factors amounted to $247.8 million. Group profit after tax rose to $185.5 million. “The realignment of our business is on track. Our performance in the first quarter is in line with our planning. The sales trend in the C...
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