Beiersdorf Posts Strong Sales Growth In First Half Of 2013

Beiersdorf reported group sales increased 6.6 percent in organic terms, and 3.3 percent in nominal terms, from €3.062 billion to €3.163 billion in the second half of 2013. Operating result excluding special factors reached €434 million, 11.2 percent higher than the previous year. Consolidated after-tax profit increased to €287 million. Organic sales growth for the Consumer Business Segment rose 6.5 percent. Sales increased 3.1 percent in nominal terms from €2.561 billion to €2.641 billion. Organic sales growth by brand saw NIVEA rising by 6.8 percent, Eucerin by 12.0 percent, and La Prairie by 5.3 percent. Sales by region varied, with Germany posting 2.7 percent increase, while Western Europe saw sales decline by 2.3 percent. Easter Europe also saw lower sales by 1.3 percent. Latin America posted strong sales growth at 19.9 percent, while North America saw 4.3 percent increase.