Beiersdorf AG released its figures for 2010

Dr. Ulrich Schmidt and Thomas-B. Quaas, Chairman of the Executive Board of Beiersdorf AG

Hamburg, March 3, 2011 – Beiersdorf AG  released its figures for 2010. Beiersdorf’s Group sales rose by a nominal 7.8% to €6,194 million (previous year: €5,748 million). Organic sales rose by 3.1%. The operating result (EBIT) excluding special factors amounted to €699 million (previous year: €587 million), while the corresponding EBIT margin was 11.3% (previous year: 10.2%). Profit after tax excluding special factors rose to €425 million (previous year: €380 million). The corresponding figure for earnings per share was €1.84 (previous year: €1.65). As in the previous year, a dividend of €0.70 per share is being proposed.

“In December last year, we laid key foundations for Beiersdorf’s future success by resolving to introduce a package of measures and investments. In 2011, we will be concentrating on their systematic implementation, with the focus being on Beiersdorf’s core competencies, skin and body care. As part of this, Beiersdorf is investing an additional high double-digit million amount in the NIVEA brand during the latter’s centennial year. This will strengthen NIVEA in the long term.”, said Thomas-B. Quaas, Chairman of the Executive Board of Beiersdorf AG, at Beiersdorf’s Annual Press Conference. Sorry you have no rights to view the full post! Futher information are only available for registered members.