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Beiersdorf Reports Strong Organic Sales Growth In 1H 2014

August 7, 2014: 12:00 AM EST
Beiersdorf reported organic sales grew 5.0 percent in the first half of 2014, compared with the same period in 2013. In nominal terms, however, sales increased 0.2 percent from €3.163 billion to €3.171 billion, with the company’s Consumer Business Segment and tesa unit contributing to growth. Excluding special factors, EBIT rose 4.3 percent from €434 million to €452 million during the period, with the EBIT margin rising from 13.7 percent to 14.3 percent. Organic sales by the Consumer Business Segment increased 5.0 percent during the period, with sales growing in both emerging markets and in Europe. Sales of NIVEA products rose 6.1 percent, compared with the previous year.
"Beiersdorf continues on its profitable growth path", Beiersdorf, August 07, 2014, © Beiersdorf A G
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