×
316
Fashion Jobs
TIME TECHNOPLAST
Area Sales Manager
Permanent · Andheri
LIFE TURN MANAGEMENT CONSULTANT
sr. Manager Production - Sricity, Tada - Mnc Company - Engineering Ind
Permanent · Tada
MCKENZIE
Hiring For Retail Store Merchandiser / Manager
Permanent · Chennai
V2B GLOBAL CONSULTANTS
sr Technician Apparel -Buying Office
Permanent · Gurugram
MANPOWERGROUP SERVICES INDIA
Opening || Horeca Sales Manager || Kolkata
Permanent · Kolkata
ADIDAS
Senior Product Owner - Machine Learning & ai
Permanent · GURUGRAM
ADIDAS
Senior Technology Consultant - Omnichannel
Permanent · GURUGRAM
PUMA
Manager- Warehouse (B2C)
Permanent · Bengaluru
HARMAN FINOCHEM
sr. Manager- Api Production For Srp With Leading Pharma @ Aubad
Permanent · Aurangabad
PNB HOUSING
Area Sales Manager
Permanent · Thane
PNB HOUSING
Area Sales Manager
Permanent · Pune
JM FINANCIAL HOME LOANS LTD
Area Sales Manager - Home Loans
Permanent · Chennai
DANIEL WELLINGTON
IT Support Specialist
Permanent · MUMBAI
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Karaikal
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Thiruvarur
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Tirunelveli
AVANTOR
Area Sales Manager- Lab Consumables
Permanent · Pune
ADIDAS
Manager Brand Activation Originals
Permanent · GURUGRAM
ZACH LIFESTYLE PVT. LTD.
Manager - Content & Social Media
Permanent · MUMBAI
NEW ALFA INTERNATIONAL
Foundry Production Manager
Permanent · Dubai
MEDCIS PATHLABS
Medcis Pathlabs is Hiring For Pathology Area Sales Manager
Permanent · Visakhapatnam
PERFECT PUBLISHING SOLUTIONS
Area Sale Manager-b.Tech Fresher-German Mnc -Immediate Joining
Permanent · Bhubaneswar
By
Reuters
Published
Mar 1, 2012
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Beiersdorf sees 2012 profit improving after revamp

By
Reuters
Published
Mar 1, 2012

HAMBURG - German consumer goods group Beiersdorf said it expected profits to improve in 2012 after axing unprofitable lines and focusing investment on its key Nivea brand as it prepares for the arrival of a new chief executive next month.


Image: Nivea

The Hamburg-based group has been losing market share to rivals in recent years, and is revamping its product line behind the world's largest skincare brand, Nivea, as the group's controlling Herz family shareholder pushes for a turnaround.

The group, which also makes La Praire luxury skincare and Labello lip balm, in January reported better than expected 2011 earnings and profit margins suggesting a slow recovery may be starting to gather pace.

It said on Thursday that the EBIT margin -- earnings before interest and tax as a percentage of sales -- in its core consumer division should exceed that of 2011, when it dropped to 11.4 percent from 12.7 percent in 2010.

New chief executive Stefan Heidenreich takes over in April being plucked from Swiss babyfood and jams group Hero to drive change, and if he fails it could lead to increase speculation over Beiersdorf becoming a takeover target

The group, which also has an industrial adhesives division, proposed an unchanged dividend of 0.70 euros ($0.94), compared with expectations for a slight fall to 0.68 euros in a Reuters poll. ($1 = 0.7476 euros) (Reporting by Victoria Bryan)

© Thomson Reuters 2023 All rights reserved.