Beiersdorf Reports A First: Bulk Of Sales From Emerging Markets In 2013
This article was originally published in The Rose Sheet
Executive Summary
With no such thing as “one skin care,” new R&D and manufacturing facilities under construction in Mexico and India will help ensure that products are targeted appropriately to meet local needs and preferences, CEO Stefan Heidenreich says during March 4 earnings call. Firm reports organic sales growth of 7% in its consumer business for fiscal 2013.