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Beiersdorf

This article was originally published in The Rose Sheet

Executive Summary

Consumer business sales grew 5.2 % at current exchange rates, or 4% adjusted for currency effects, to $4.87 bil. (€1=$1.21) in fiscal 2005, German company notes in Jan. 10 preliminary earnings release. "Except for North America, all regions contributed positive growth rates," firm adds. Consumer EBIT was $560.8 mil. during the year, up 11%. Net sales at current exchange rates rose 5.1% in fiscal 2005 to $5.76 bil., or 3.9% adjusted for currency effects. Earnings before interest and taxes were up 11% to $633.2 mil., while profit after tax was approximately $398 mil. Beiersdorf will release final results March 2...
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