Beiersdorf says it expects to see strong sales growth this year despite tough economic conditions, with company CEO Stefan Heidenreich stating that he is ‘cautiously optimistic’ for 2015.
P&G first quarter profits were slightly down on higher commodity costs despite sales taking a big leap, but the outlook is more challenging as currency gains are expected to be wiped out.
Beiersdorf delivers strong sales growth, but not on profits
Beiersdorf reported solid group sales growth, driven by big gains for its industrial adhesives unit, Tesa, and more modest increases in its consumer products division.
Henkel reveals strong second quarter results, boosted by cosmetics
Henkel has announced a significant jump in sales boosted by particularly big organic sales gains for its cosmetics and toiletries division.
Beiersdorf posts strong Q1 sales growth, boosting profits
Beiersdorf reported strong like-for-like sales growth driven by a marked recovery in its Tesa adhesive group, but the consumer goods division shows a very mixed performance.
Strong performance at Henkel sees sales and profits rise
Germany-based Henkel reported a 7.8 per cent increase in first quarter sales aided by an ‘impressive sales performance’ in its cosmetics and toiletries division.
Beiersdorf results show upturn, but outlook is unsure
Beiersdorf’s fourth quarter and full year results show clear signs of improvement, but analysts believe a strong rebound is far from close.
Personal care helps to buoy Beiersdorf results
Personal care sales help to propel Beiersdorf to the close of a tough year, underlined by the fact that the company outperformed average market growth.
P&G confirms McDonald as new president and CEO
Procter & Gamble has confirmed that Robert McDonald will take over from A.G. Lafley as CEO, following a board meeting earlier this morning.
P&G set to name McDonald as new CEO, report says
Robert McDonald is set to take over from A.G. Lafley as the new CEO of Procter & Gamble, according to a report in the Monday edition of The Wall Street Journal.
Beiersdorf says acquisitions are still possible as results defy downturn
Beiersdorf announces strong sales growth and beats earning forecasts, adding that it will remain acquisitive in 2009 if the right opportunities arise.
Cosmetics drive growth for Henkel
Germany-based cosmetics and home care producer Henkel has announced
strong results, driven higher by a particularly good performance
from its cosmetics division.
P&G ups profit but stocks tumble as sales disappoint
Procter & Gamble has reported a 37 per cent jump in its
profits, but share prices fell after the company revealed that its
sales had failed to meet with expectations on the back of inventory
cut-backs by Wal-Mart and slower than...
Restructuring helps drive Cognis Care results
Cognis Care Chemicals has reported a stronger financial performance
in 2004 thanks in part to a restructuring of the division. The
results helped the privately-owned German group to reduce its debts
by more than half compared to the...