Beiersdorf has poster ‘better than expected’ sales for 2016, with organic sales growing by 3.2% across the Group, particularly boosted by brands like Nivea, Eucerin and La Prairie in its Consumer division.
German personal care company Beiersdorf has registered a 2.8% organic increase in sales in the first six months of this year, according to its half-year results.
Despite slower demand, an increase in prices and the amount of male customers has helped bolster sales for the Nivea brand, which has helped boost Beiersdorf’s overall 2015 revenue figures.
Henkel posted a better-than-expected increase in profits for its third quarter, with its Beauty business seeing particular gains in Russia and North America; but challenges still remain in Western Europe to bring it back to form.
Henkel is the latest manufacturer to report good news regarding sustainability as it announces that it has reached its first targets ahead of schedule.
Beiersdorf says it expects to see strong sales growth this year despite tough economic conditions, with company CEO Stefan Heidenreich stating that he is ‘cautiously optimistic’ for 2015.
At a time when all the big players in the cosmetics and personal care space have faced a market slowdown, Beiersdorf CEO Stefan Heidenreich says that manufacturers must strategize for the long haul and not panic.
Nivea skin care maker Beiersdorf has posted strong results for the first half of 2013 and expects to continue to outperform its rivals, despite CEO Stefan Heidenreich urging caution over certain markets.
P&G first quarter profits were slightly down on higher commodity costs despite sales taking a big leap, but the outlook is more challenging as currency gains are expected to be wiped out.
Beiersdorf reported solid group sales growth, driven by big gains for its industrial adhesives unit, Tesa, and more modest increases in its consumer products division.
Beiersdorf reported strong like-for-like sales growth driven by a marked recovery in its Tesa adhesive group, but the consumer goods division shows a very mixed performance.
Germany-based Henkel reported a 7.8 per cent increase in first quarter sales aided by an ‘impressive sales performance’ in its cosmetics and toiletries division.
First quarter profits were down for the global consumer products company as it was hit by price discounting and added promotional expenses to support new product launches.
Personal care sales help to propel Beiersdorf to the close of a tough year, underlined by the fact that the company outperformed average market growth.
Preliminary results from Germany-based home and personal care provider Henkel show that sales have continued to decline in the latest quarter, but the results beat market expectations.
Consumer goods giant Procter & Gamble expects to return to organic sales growth by the end of the year after reporting two quarters of organic sales declines.
Robert McDonald is set to take over from A.G. Lafley as the new CEO of Procter & Gamble, according to a report in the Monday edition of The Wall Street Journal.
Functional ingredients, fragrance and flavour supplier Frutarom has reported a decrease in sales and net income for the quarter but confirms growth plans.
Germany-based personal care and household goods player Henkel has reported healthy organic sales growth for its second quarter but says redundancies and material costs hit the bottom line.
Germany-based cosmetics and home care producer Henkel has announced
strong results, driven higher by a particularly good performance
from its cosmetics division.
Procter & Gamble has reported a 37 per cent jump in its
profits, but share prices fell after the company revealed that its
sales had failed to meet with expectations on the back of inventory
cut-backs by Wal-Mart and slower than...
Cognis Care Chemicals has reported a stronger financial performance
in 2004 thanks in part to a restructuring of the division. The
results helped the privately-owned German group to reduce its debts
by more than half compared to the...
