10.26.17
Beiersdorf successfully continued on its growth path in the first nine months of 2017 as organic group sales increased by 5.1%. In nominal terms, sales rose to $6.22 billion (€5.281 billion), up 4.9% on the prior-year figure.
The company’s consumer business segment recorded organic sales growth of 3.9% in the first nine months of the year. Exchange rate effects increased this figure by 0.1 percentage points, according to the company. Structural effects reduced growth by 0.2 percentage points. In nominal terms, sales therefore rose by 3.8% to $5.1 billion (€4.336 billion).
Strong growth rates were recorded in Europe and the Americas. Sales growth was particularly strong in the Africa/Asia/Australia region. At the same time, Beiersdorf gained market share in many markets and strengthened its position in international markets.
All core brands contributed to sales growth. Nivea sales rose by 3.7%. Eucerin sales climbed 2.4%. Hansaplast was up 2.7%, and La Prairie continued its strong sales performance, achieving a 13.5% rise in sales.
“Beiersdorf is well positioned with its business model and brands. With our expanded Blue & Beyond strategy we are building a solid foundation for further future success of our company,” said Stefan F. Heidenreich, CEO of Beiersdorf AG. “We look ahead to the coming months with confidence and trust in our strengths,” he added.
The company’s consumer business segment recorded organic sales growth of 3.9% in the first nine months of the year. Exchange rate effects increased this figure by 0.1 percentage points, according to the company. Structural effects reduced growth by 0.2 percentage points. In nominal terms, sales therefore rose by 3.8% to $5.1 billion (€4.336 billion).
Strong growth rates were recorded in Europe and the Americas. Sales growth was particularly strong in the Africa/Asia/Australia region. At the same time, Beiersdorf gained market share in many markets and strengthened its position in international markets.
All core brands contributed to sales growth. Nivea sales rose by 3.7%. Eucerin sales climbed 2.4%. Hansaplast was up 2.7%, and La Prairie continued its strong sales performance, achieving a 13.5% rise in sales.
“Beiersdorf is well positioned with its business model and brands. With our expanded Blue & Beyond strategy we are building a solid foundation for further future success of our company,” said Stefan F. Heidenreich, CEO of Beiersdorf AG. “We look ahead to the coming months with confidence and trust in our strengths,” he added.
