Beiersdorf Sales Up 12.5% In 3Q
November 5th, 2008 at 10:12pm |
BERLIN — Beiersdorf AG managed to generate third-quarter profits and sales growth and maintain its optimistic outlook for the remainder of the year despite the difficult economy.
The firm said its core beauty brands Nivea, Eucerin and La Prairie maintained their double-digit growth rates for the Hamburg-based group in both the third quarter ended Sept. 30 and the first nine months of 2008.
Thomas Quaas, chairman of the firm’s executive board, commented, “We remain optimistic that we will meet our targets for 2008.”
While the firm did not break out divisional figures for the quarter, based on its six- and nine-month interim…
Posted in Jewelry News
