Hamburg, April 30, 2019 - Beiersdorf AG has achieved good first-quarter results. In the first three months of the year, the company lifted Group sales by 6.0% in organic terms. In nominal terms, sales rose to €1,947 million, up 7.8% on the prior-year figure of €1,807 million.
'Beiersdorf had a solid start into the first three months of 2019 in both business segments - Consumer and tesa. Sales growth in the Consumer Business Segment outperformed the market and was broad-based, while tesa continued to grow despite a difficult market environment. Recognizing local consumer and market trends and responding to them on an individual basis helped us boost sales in all regions. To increase our above-market growth and penetration over the long term despite the disruptions in the market, we are now focusing on executing our strategic program C.A.R.E.+. We have embarked on the implementation of our strategic priorities with a sense of urgency and high level of commitment. In light of this, we are looking to the future with optimism, despite the continuing economic risks, and confirm our guidance for 2019,' said Stefan De Loecker, CEO of Beiersdorf AG.
Beiersdorf AG published this content on 30 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 April 2019 05:37:05 UTC