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Q1 Sales Rise at Beiersdorf As Nivea Gains 10%
June 29, 2012
By: TOM BRANNA
Editor
Q1 Sales Rise at Beiersdorf As Nivea Gains 10% • Beiersdorf AG’s Q1 sales rose 6.9% to approximately $2 billion. Net income was flat at $157 million. Consumer product sales rose 6.8%. The performance is attributable to initial successes recorded by the new corporate strategy, the company said. In addition, Beiersdorf said it also benefited from a positive overall market trend in the first three months of 2012 after the weak business perform...
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