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Beiersdorf Chairman Reveals Company's Strong 2012 Performance, Better Outlook For 2013

April 18, 2013: 12:00 AM EST
Beiersdorf AG held its 2013 general meeting in Hamburg, Germany. Company chairman Stefan F. Heidenreich highlighted the firm's strong financial performance in 2012, which pushed shares of its stock more than 40 percent higher in value. Beiersdorf's Consumer Business Segment's sales grew 4.9 percent to €5.048 billion, while the tesa business segment's sales grew 3.6 percent organically and 5.8 percent in nominal terms to about €1 billion in 2012. Heidenreich told the company's shareholders that Beiersdorf is expected to outperform the market in 2013.
"Beiersdorf AG’s 2013 Annual General Meeting", Beiersdorf, April 18, 2013, © Beiersdorf AG
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