
Beiersdorf, the German maker of Nivea hand cream and Tesa sticky tape, reported a strong increase in profits last year and forecasted further growth in 2014. The group said in a statement that its net profit jumped almost a fifth or 19.6 percent to 543 million euros ($747 million) in 2013. Underlying or operating profit was up 17.5 percent at 820 million euros while sales rose by 1.7 percent to 6.141 billion euros. "2013 was an important and successful year for Beiersdorf. The group has made gains in market share, increased sales and improved its earnings. Beiersdorf is back on a sustainable growth track," said chief executive Stefan Heidenreich. Looking ahead to the current year, Beiersdorf said it expects to deliver sales growth of 4.0-6.0 percent in 2014 and improve its operating margin.
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor