FRANKFURT (dpa-AFX) - Following a slight increase in the growth target, Beiersdorf shares have defied the weak market environment. The Hamburg-based company's shares climbed up to 2 percent above the Xetra closing level on the Tradegate trading platform.

The consumer segment with cosmetics and skin care products is doing extremely well, commented a trader after the sales figures for the first quarter. Beiersdorf now expects organic sales growth of six to eight percent for the Group for the year as a whole. Previously, revenue growth in the mid-single-digit percentage range had been targeted./ag/jha/