×
385
Fashion Jobs
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager /Sales Manager/Jharkhand
Permanent · Giridih
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager /Sales Manager/Jharkhand
Permanent · Deoghar
HDFC SECURITIES
Area Sales Manager Hdfc Securities Pvt.Ltd. Surat
Permanent · Surat
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales - Kallakurichi
Permanent · Viluppuram
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager /Sales Manager/Jharkhand
Permanent · Ranchi
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager /Sales Manager/Jharkhand
Permanent · Simdega
TUOREN MEDICAL DEVICES INDIA PVT LTD
Area Sales Manager And Sales Executive
Permanent · Hubli
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Samastipur
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Madhepura
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Nawada
ARKRAY HEALTHCARE PVT. LTD
Opening For Medical Business Manager(mr)- Delhi Chennai & Bangalore
Permanent · Chennai
TOUCH MOBILES
Wanted Showroom Manager, Sales Exe & Cashiers - Touch Mobiles
Permanent · Khammam
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Katihar
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager(Haryana)
Permanent · Sirsa
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Araria
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager(Haryana)
Permanent · Ambala
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager(Haryana)
Permanent · Sonipat
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Sitamarhi
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Buxar
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Aurangabad
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Rajasthan)
Permanent · Sri Ganganagar
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Uttarakhand)
Permanent · Dehradun
By
Reuters
Published
Feb 28, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Beiersdorf to invest up to 80 million euros a year to boost consumer business

By
Reuters
Published
Feb 28, 2019

Nivea skin cream maker Beiersdorf will make additional investment of up to 80 million euros (69 million pounds) a year in its consumer business to counter a forecast drop in sales growth, the German company said on Tuesday.


Monica Bellucci for Nivea - Beiersdorf


New CEO Stefan De Loecker, who took the reins on Jan. 1, last month promised strategic steps to deliver sustainable growth after reporting slower sales in the fourth quarter of 2018.

“Our entire business model needs timely adaptation due to new market realities and fast-changing technology developments,” De Loecker said ahead of 2018 results to be published on Wednesday.

“This requires, first and foremost, higher investments.”

Beiersdorf said it would invest between 70 million and 80 million euros a year from 2019 in the consumer segment, which accounts for 80 percent of group sales.

It said that it expects sales at the division to growth between 3 percent and 5 percent this year, against 5 percent in 2018.

For the group, Beiersdorf also expects sales growth of 3-5 percent in 2019, compared with 5.4 percent in 2018.

The company’s EBIT margin will decline this year as a result of the additional investment, the company added.

© Thomson Reuters 2021 All rights reserved.