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Beiersdorf Reports Sales Gains In First 9 Months Of 2016

November 3, 2016: 12:00 AM EST
Beiersdorf reported organic group sales for the first nine months of 2016 grew 2.9 percent to €5.032 billion, while nominal sales declined 0.1 percent to €5.035 billion. Consumer business posted a 3.2 percent growth in organic sales during the period, while nominal sales rose 0.1 percent from €4.172 billion to €4.177 billion. Sales of Nivea skincare products increased 3.6 percent year on year, while Eucerin sales rose 2.9 percent.
"Beiersdorf's (BDRFF) CEO Stefan Heidenreich on Q3 2016 Results - Earnings Call Transcript", Seeking Alpha, November 03, 2016, © Seeking Alpha
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