Home / Knowledge / News / Beiersdorf Consumer Biz achieves sales of € 4,661 mn
Beiersdorf Consumer Biz achieves sales of € 4,661 mn
16
Jan '08
In 2007, the year of its 125th anniversary, the Beiersdorf Group once more achieved record preliminary results with sales of € 5,507 million and an operating result (EBIT) of € 683 million (excluding special factors) and thus reconfirmed its business strategy introduced two years ago.

„These figures demonstrate that we are growing successfully and are even exceeding our own expectations“, said CEO Thomas-B. Quaas. “It proofs to be strategically right to position Beiersdorf worldwide as a company for skin and beauty care. At the same time the successful development of tesa completes the overall picture.“

All figures are preliminary and not audited yet. The special factors include one-off expenses for the realignment of the Consumer Supply Chain.

The group financial statements as well as those of the Beiersdorf AG will be endorsed by the Executive Board beginning of February and approved by the Supervisory Board end of February. The Annual Accounts Press Conference and the Financial Analyst Meeting will be held on February 28, 2008 in Hamburg.

Sales for the Group grew to € 5,507 million (previous year: € 5,120 million). Adjusted for currency translation effects, this means an increase of 9.1%.

Operating result (EBIT) excluding special factors reached about € 683 million (previous year: € 597 million), resulting in an EBIT margin of around 12.4%. Profit after tax excluding special factors amounted to approximately € 488 million (previous year: € 387 million).

Must ReadView All

Apparel/Garments | On 22nd Mar 2017

Amazon India introduces 'A-Z GST Guide' programme

Amazon India has introduced a programme called 'A-Z GST Guide' to...

Textiles | On 22nd Mar 2017

Dyeing textiles with bacteria

As an alternative to toxic synthetic dyes, scientists are exploring...

Courtesy: BCG

Apparel/Garments | On 22nd Mar 2017

Consumption in India to touch $4 trillion by 2025: Report

Consumption in India is likely to triple to $4 trillion by 2025 as...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search