Beiersdorf posts better than expected sales for 2016; up 3.2 percent

Beiersdorf posts better than expected sales for 2016; up 3.2 percent

Beiersdorf has declared 2016 a ‘successful business year’ after strong growth in the fourth quarter pushed organic sales for the year up 3.2 percent to €6.752 billion.

Growth was driven by the group’s Consumer division, where organic sales were up 3.3 percent, compared to 2.6 growth for its tesa adhesives unit.

“2016 was another successful year for Beiersdorf. We continuously improved in the course of the year and delivered a strong fourth quarter. The sales increases and market shares achieved are proof of our high competitiveness, the strengths of our business model and the attractiveness of our products and innovations. We look ahead to 2017 with cautious optimism,” said Stefan F Heidenreich, CEO.

 

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