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Beiersdorf Reports Higher Revenue Despite Market Slowdown In First 3 Quarters Of 2014

November 6, 2014: 12:00 AM EST
Beiersdorf reported organic group sales grew 4.3 percent in the first nine months of 2014. Sales increased 0.9 percent in nominal terms to €4.716 billion from €4.674 billion in the prior-year period, with the company's Consumer Business Segment and tesa contributing to the revenue performance. EBIT without special factors rose 3.2 percent to €671 million from the previous-year period's €650 million. With special factors excluded, the EBIT margin rose to 14.2 percent from the previous year's 13.9 percent.
"Beiersdorf grows in difficult market environment", Beiersdorf, November 06, 2014, © Beiersdorf AG
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