The Consumer Business
Segment recorded strong growth in the second quarter, after muted business in
the first three months. Organic sales growth reached 1.6% at the end of the
first half of the year. In nominal terms, sales rose by 7.2%, from €2.637
billion in the previous year to €2.827 billion. EBIT excluding special factors
increased by 11.5%, from €367 million to €410 million. The EBIT margin improved
to 14.5%, compared with last year's 13.9%.
Organic sales growth in the regions reflects
Beiersdorf’s continued momentum:
Sales in Europe reached last year’s high level,
despite challenging market conditions in some cases. While Eastern Europe
delivered sales growth of 6.4%, sales in Western Europe were down 1.4% on the
previous year. Strong growth rates were achieved in Russia in particular.
Beiersdorf recorded a significant increase in
sales in the Americas region, at 8.3%. Sales rose by 4.5% in North America and
by 10.7% in Latin America. Brazil was the main growth driver, again generating
Sales in the Africa/Asia/Australia region grew
by 0.6% at the end of the first half of the year, following a decline in sales
in the first quarter. India performed particularly well.
Business in China has stabilized further over the past months as a result of
the measures taken.