Beiersdorf’s 2007
This article was originally published in The Rose Sheet
Executive Summary
Consumer sales division grew 7.7% (9.3% adjusted for currency effects) to $7.07 bil. (€=$1.5). in fiscal year 2007, with particularly strong double-digit growth in Eastern Europe, German beauty marketer announces Feb. 28. Globally, the firm's three major brands - Nivea, Eucerin and La Prairie - contributed to positive business development with double-digit growth rates, company notes. Beiersdorf's net sales for the fiscal year advanced 7.6% (9.1% adjusted for currency) to $8.4 bil., and profit after tax excluding special factors increased 25.6% to $737.8 mil...