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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).

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