Financial News

Sales Rise 2.4% at Beiersdorf

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By: TOM BRANNA

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Beiersdorf says it continued its growth path in the first quarter of 2016. Group sales increased 2.4% to €1.673 billion ($1.89 billion). The consumer business segment recorded organic sales growth of 3.6% in the first three months of the year based on a good performance in Europe. Sales in the Americas did not match the prior-year strong figure, the firm said, while the healthy growth seen in the previous year continued in the Africa/Asia/Australia region. In many markets, the consumer bus...

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