Despite the lull in its domestic market, German personal care
player Beiersdorf has revealed steady results for the first nine
months of the year, prompting the company to increase its
expectations for full year sales.
Direct sales giant Avon has posted a seven percent drop in its
third quarter net profit. A continued lull in US sales was further
exacerbated by the impact of increasing fuel costs due to Hurrican
Katrina - a problem that the company...
The gap is growing between Avon's leading market, the US, and the
rest of the world, as growth in both second quarter revenue and net
income continues to prop up a sagging domestic performance. But a
dip in China sales and slower...
The growth of the Australian cosmetics and toiletries industry has
dipped for a second year in a row, mirroring growth in the general
economy and the slower retail environment. But with income levels
still high the latest market report...
The maker of the Nivea brand has announced first quarter sales
broadly in line with the previous quarter, but a small increase in
profits helped the company to achieve a respectable bottom line,
reports Simon Pitman.
Despite global sales rising 9.5 per cent Colgate-Palmolive has
reported an 11 per cent drop in net profits for its first quarter
results. However, the company said that increased advertising
expenditure had managed to ensure sales...
Direct sales player Oriflame has announced a significant drop in
its first quarterly profits despite a healthy increase in sales.
The results reflect last year's IPO and refinancing expenses,
reports Simon Pitman.
Beiersdorf has reported flat financial results following what the
Germany-based skin specialist described as a difficult year for
trading as the domestic market continued to prove particularly
challenging. However, the company says...
L'Oreal announced second half financial results broadly in line
with market expectations at the end of last week, boosted by strong
sales in both the US and emerging markets. However, analysts
believe that improvements in profitability...
Avon has reported that sales grew ten per cent during 2004,on the
back of a continued growth during the fourth and last quarter. But
currency weakness and a slack US market continue to hamper
otherwise healthy results.