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Beiersdorf Posts Strong Sales Growth In 2012, Especially In Latin America

March 5, 2013: 12:00 AM EST
Beiersdorf reported sales rose 7.2 percent from €5.633 billion in 2011 to €6.040 billion in 2012, in nominal terms. Consumer Business Segment reported sales rose in organic terms by 4.9 percent, with earnings before interest and tax margin at 12.2 percent, up from the previous year's 11.5 percent. Earnings per share reached €2.07, with the company planning to propose a €0.70 per share dividend. Nivea brand sales grew 6.4 percent worldwide. Sales in Europe grew slightly at 0.6 percent, while the Americas region rose 12.6 percent. Latin America grew 17.7 percent, driven by good growth rates in Brazil. Sales grew 9.9 percent in the Africa, Asia, and Australia region.
"Beiersdorf on track – 2012 sales and earnings targets delivered", Beiersdorf, March 05, 2013, © Beiersdorf AG
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