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Beiersdorf Sees 2.6% Gain in First Half

Sales up 4.4% at Nivea, 3.1% at Eucerin and 2.7% at La Prairie.

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By: TOM BRANNA

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Beiersdorf AG officials say that its performance in the first half of 2012 was in line with company expectations, as organically, group sales rose by 2.6%. In nominal terms, group sales increased by 5.5% on the previous year to approximately $3.76 billion (€3,062 million). Operating result (EBIT) excluding special factors rose by 11.6% to $479 million (€390 million). The corresponding EBIT margin climbed to 12.7% (previous year: 12.0%), according to the company. The main driver for th...

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