Beiersdorf Consumer Biz achieves sales of € 4,661 mn
16 Jan '08
3 min read
This corresponds to a net profit margin of approximately 8,9%, which includes a positive effect of about € 20 million from the recalculation of deferred taxes as a result of the German corporate tax reform 2008. EBIT and profit after tax again showed significantly stronger growth than sales.
The Consumer business segment achieved sales of € 4,661 million in 2007 (previous year: € 4,327 million), an increase of 9.3% adjusted for currency translation effects. In particular, the growth regions of Eastern Europe, Latin America, Africa/Asia/Australia contributed to this very positive development with high double digit growth rates.
Consumer EBIT excluding special factors reached about € 595 million (previous year: € 524 million) resulting in an EBIT margin of about 12.8% for the segment.
tesa sales also grew further to € 846 million (previous year: € 793 million), an increase of 8.1% adjusted for currency translation effects. tesa achieved an EBIT of around € 88 million (previous year: € 73 million) and could therefore raise its EBIT margin to over 10%.
In 2007, expenses for the realignment of the Consumer Supply Chain amounted to approximately € 70 million (before taxes). Operating result including these expenses reached about € 613 million.
The expenses had a negative effect of € 46 million on profit after tax. Profit after tax including special factors therefore reached € 442 million.