Skin care brands boost Beiersdorf in difficult market environment

By Andrew MCDOUGALL

- Last updated on GMT

Skin care brands boost Beiersdorf in difficult market environment

Related tags Consumer business segment Marketing United states Beiersdorf

The Nivea and Eucerin skin care brands have helped boost Beiersdorf sales as the company’s Consumer Business segment showed growth in a difficult market environment.

In its 2015 earnings announcement the German firm reported organic sales growth of 3.0% increasing both sales and earnings. In nominal terms, sales increased by 6.4%, from €6.285 billion to €6.686 billion.

The stand-out performer here was the Consumer Business segment, which also includes the La Prairie brand, which generated sales growth of 3.6%, following a strong second half of the year, increasing sales by 5.7%, rising in nominal terms by 6.5% to €5.546 billion.

Looking at the company’s three main cosmetics brands, Nivea increased sales by 4.5%, Eucerin by 5.4%, and La Prairie by 1.2%.

Due to its solid performance, the Hamburg-based manufacturer expects the Consumer Business Segment to outperform the market in 2016 with sales growth of 3-4%, in line with overall Group sales.

“Beiersdorf was successful in 2015. Once again, we were able to increase our sales and earnings. We gained market share in our relevant markets and further improved Beiersdorf’s competitiveness and efficiency,”​ says Stefan F. Heidenreich, company CEO.

“Our results in 2015 clearly show that we have made Beiersdorf more resilient and that we continue on a sustainable, profitable growth path even under challenging economic conditions. This is a solid foundation for further economic success in 2016”.”

Regional growth

Beiersdorf increased organic sales in every region, and although there wasn’t great news in Western Europe, sales in Russia and the Americas helped boost the figures.

In Europe, Beiersdorf strengthened its market position, with sales up 1.3%. Western Europe saw a slight sales decline, but this was offset by Eastern Europe, where sales shot up 7.9% thanks to a good performance in Russia.

Once again, Latin America performed particularly well, increasing sales by 10.9%; while North America sales were also up, giving the Americas region significant sales growth of 8.4%.

In the Africa/Asia/Australia region, sales grew by 4.8%, based on the continuous stabilization of sales in China and the dynamic performance in Japan and India.

Related topics Business & Financial Skin Care

Related news

Related products

show more

Collagen Reimagined, Discover Biodesigned Type XXI

Collagen Reimagined, Discover Biodesigned Type XXI

Content provided by Geltor | 20-Mar-2024 | Product Brochure

Collagen is the body’s most abundant protein and a mainstream ingredient for beauty. Type XXI collagen transcends a common protein into a powerful bioactive

Empowering natural barrier function for future-proof skin

Empowering natural barrier function for future-proof skin

Content provided by Lucas Meyer Cosmetics | 14-Mar-2024 | White Paper

Corneopeptyl™ is a new patented peptide biomimetic to the LCE6A protein, obtained by green chemistry-based synthesis. By mimicking the LCE6A protein activity,...

Get your skin ready for summer

Get your skin ready for summer

Content provided by Robertet Health & Beauty | 27-Jun-2023 | Product Brochure

Sunbathing at the beach is the first UV-related skin damage that comes to mind. Whereas, enjoying a coffee on a terrace under the sun can be as harmful.

Related suppliers

Follow us

Products

View more

Podcast

Beauty 4.0 Podcast