Beiersdorf Announces Strong Sales Growth In January–September 2013

Beiersdorf, owner of the Nivea brand of creams and lotions, said organic group sales in the first nine months of 2013 grew 7.3 percent, compared with the previous year. Nominal group sales grew 2.4 percent to €4.674 billion, compared with €4.566 billion in the same period of the previous year. Margin of earnings before interest and tax rose to 13.9 percent from the previous year’s 12.6 percent. Beiersdorf’s Consumer Business Segment posted an organic growth of 6.9 percent, while teas grew organically by 9.3 percent.