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Beiersdorf Delivers Strong Sales Growth In 2014

February 13, 2015: 12:00 AM EST
Beiersdorf, the maker of Nivea brand of skincare products, reported organic sales grew 4.7 percent in 2014. In nominal terms, sales expanded 2.3 percent to €6.285 billion from €6.141 in the previous year, with both Consumer and tesa business segments contributing to growth. Consumer business posted 4.8 percent in growth, while tesa reported 4.4 percent. Excluding special factors, the company's EBIT grew to €861 million from the previous year's €814 million. EBIT margin, with special factors excluded, improved from the previous year's 13.2 percent to 13.7 percent, the company said.
"Beiersdorf 2014 Annual Report", Beiersdorf, February 13, 2015, © Beiersdorf AG
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