Global personal and home care provider Henkel has reported strong growth for its 2017 results, with gains driven by its exposure to new markets, including Latin America.
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 manufacturer looks to target the hair care market in Eastern Europe, the Middle East and Africa, after acquiring a portfolio of brands from Procter & Gamble which all target these regions.
German manufacturer Henkel posted good results for the first quarter 2015 but admitted that things were still to pick up in Western Europe whilst the situation in Russia and the Ukraine is still expected to have an effect on earnings.
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.
While emerging markets stuttered for Beiersdorf, as they have for all the main players, the Nivea, Eucerin and La Prairie skin care brands saw a lift in sales for the first half of the year, boosting the consumer business segment.
Germany-based personal care manufacturer Henkel has reported good growth in revenues, particularly in emerging markets, but gains were undermined by the negative effects of foreign exchange rates.
France-based natural ingredients provider Naturex has revealed significant growth for its full-year 2011 financial growth as it continues to grow its personal care business.
France-based luxury brand LVMH has announced another strong performance for its fourth quarter, but gains in its cosmetics division are overshadowed by stronger results in the four other divisions.
Henkel, the German maker of Schwarzkopf hair products and Right Guard antiperspirant reported third quarter profit that fell short of expectations as raw-material costs rose; however the Cosmetics/ Toiletries business continued its upward curve.
Two of the larger players in the cosmetics industry have both announced that sales are still displaying solid growth despite the significant business and economic challenges at present.
Thanks to a ramped up marketing drive to celebrate skin care brand Nivea’s 100th anniversary, Beiersdorf’s Consumer business has shown a return to growth following a release of its figures.
Luxury goods maker LVMH has posted double digit organic sales growth for all its business division, but cosmetics and fragrances posts the smallest rise.
Henkel reports significant gains for its first financial quarter, a result that was driven by major revenue increase in both its cosmetics division and emerging markets.
Procter & Gamble CFO Jon Moeller says the company still aims to increase its market share significantly in the course of the year, despite the spectra of rising costs.
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.
