Hamburg, August 7, 2018 - Beiersdorf successfully continued its profitable growth path in the first half of 2018. The Group generated organic sales growth of 7.7% in the first six months of the year. Sales were up 2.8% in nominal terms, from €3.513 billion to €3.613 billion. Group EBIT climbed by 4.3% from €561 million to €585 million. The EBIT margin was 16.2% compared with the prior-year figure of 16.0%. Beiersdorf is increasing the sales outlook for 2018, while the earnings forecast remains unchanged.

'Beiersdorf has ended the first half of the year again with a significant rise in sales and further gains in market share. This applies to both the Consumer and tesa Business Segments. With our forward-thinking and results-driven business model we have built a strong foundation for sustainable growth. The core of our Blue & Beyond focus is our effort to further leverage the potential of Eucerin, Hansaplast, and La Prairie, alongside our iconic NIVEA brand, as well as to drive forward digitalization. It clearly shows that we are in a strong position and that we have set the right direction for the future. Despite all the political and economic uncertainty, we look ahead to the coming months with optimism,' said Stefan F. Heidenreich, CEO of Beiersdorf AG.

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Beiersdorf AG published this content on 07 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 August 2018 06:10:51 UTC