Beiersdorf turnover growth in first half of 2014 | RetailDetail

Beiersdorf turnover growth in first half of 2014

Beiersdorf turnover growth in first half of 2014

Beiersdorf, the company which owns Nivea among others, managed a 5 % turnover growth in the first half of 2014 with its largest growth in Africa, Asia and Australia.

Slower growth in Europe

The group's total turnover reached 3.171 billion euro in the first half of 2014, a 5 % growth compared to the year before. Taking exchange rate fluctuations into account, only 0.2 % turnover growth remained. Post-tax profit reached 309 million euro.

 

Looking at each brand, Nivea turnover grew 6.1 %, Eucerin grew 6.8 % and La Prairie even grew 7 %. European turnover grew 2 % to 1.477 billion euro, slower growth blamed on a saturated market. American turnover grew 4.8 % while African, Asian and Australian turnover spiked 11.3 %.

Questions or comments? Please feel free to contact the editors


Henkel stays steady in difficult market conditions

09/05/2018

Despite negative exchange rates and logistical issues in the United States, Henkel still sees positive signs in the first quarter. Its glue division outperformed the laundry and beauty divisions.

P&G wants 100 % recyclable packaging by 2030

17/04/2018

Procter & Gamble has announced new sustainability targets for 2030, as it has already – for the largest part – reached its 2020 targets. One of its goals is to make sure that all packaging is recyclable or reusable.

Zalando launches beauty product sales

23/03/2018

Zalando launched its beauty product range in Germany today, which it announced in October. Markets outside of Germany will follow later.

CK Hutchison owner steps down

19/03/2018

Li Ka-shing, CK Hutchinson’s owner and CEO, will step aside mid-May. The 89-year old will then pass on the baton to his eldest son, Victor Li, who will then take control of chains like Kruidvat and ICI Paris XL.

Europe wants global ban on animal testing for cosmetics

27/02/2018

Several Members of the European Parliament say the current European ban on animal testing for cosmetic purposes needs to be extended to a global one.

Unilever warns online media: we can no longer advertize like this

12/02/2018

Unilever has threatened to pull its advertising budget from online media channels that lack transparency and create discord according to marketing director Keith Weed’s statements at the IAB advertisers’ congress.