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La Prairie Posts Double-Digit Gain at Beiersdorf

Company reports on nine-month performance.

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By: Christine Esposito

Editor-in-Chief

Beiersdorf successfully continued on its growth path in the first nine months of 2017 as organic group sales increased by 5.1%. In nominal terms, sales rose to $6.22 billion (€5.281 billion), up 4.9% on the prior-year figure.   The company’s consumer business segment recorded organic sales growth of 3.9% in the first nine months of the year. Exchange rate effects increased this figure by 0.1 percentage points, according to the company. Structural effects reduced growth by 0.2 percentage points...

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