Company News, Financial News

Nivea Skincare Maker Beiersdorf Posts Strong Q1 Sales

Organic sales in the consumer business segment climbed 11.6%.

Author Image

By: TOM BRANNA

Editor

Beiersdorf AG, the maker of Nivea, Coppertone and other personal care brands, posted strong Q1 sales. According to its provisional figures, Beiersdorf achieved a substantial increase in organic group sales of 10.3% to €2,215 million ($2.4 billion at current exchange rates) in the first quarter. Organic sales in the consumer business segment climbed 11.6%  to $1.94 billion. The Tesa business segment reported organic sales growth of 5.1% to $462 million. The company noted that currently ther...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters