News & Analysis on Cosmetics Innovation
Beiersdorf’s preliminary full year sales show that the consumer division has been steady, boosted by developing markets but let down by European sales, but profits beats expectations on the back of restructuring.
With 2011 sales jumping 12.3%, the world’s biggest botanical extracts specialist says it will acquire 4-5 companies in 2012, with negotiations advancing with an Asian target.
Global oral care player Colgate-Palmolive has announced continued strong sales growth for its Q4, but although profits are hit by a tax charge, the underlying trend is also up.