• Group sales up 6.5 %
  • Consumer increases sales by 6.1 %
  • tesa achieves sales growth of 8.5 %
  • Forecast for 2018 confirmed

Hamburg, May 8, 2018 - Beiersdorf has started the 2018 financial year with a boost in sales, increasing organic sales by 6.5 % in the first three months. In nominal terms, sales rose to €1.807 billion, up 0.4 % on the prior-year figure of €1.801 billion.

'Beiersdorf made impressive progress on its profitable growth path in the first quarter of 2018. Both business segments, Consumer and tesa, delivered very dynamic performance and sales growth well above the market. These significant growth rates once again demonstrate Beiersdorf's strong international position and high level of competitiveness. Our continued success results from strengthening our brands, accelerating our innovations, and systematically expanding our business activities in emerging markets. Despite the current political and economic uncertainty throughout some regions, we look optimistically to the coming months and therefore confirm our forecast for 2018,' said Stefan F. Heidenreich, CEO of Beiersdorf AG.

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Beiersdorf AG published this content on 08 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 May 2018 06:09:09 UTC