×
166
Fashion Jobs
RJCUBE STAFFING SOLUTIONS PVT LTD
Merchandising Manager For Garments Buying House, Noida
Permanent · Noida
ADD UR CO LLP
Production Manager
Permanent · Chennai
HR CAPITAL CONSULTING
General Manager Operations- Garment Export
Permanent · National Capital Region
THE GLOBAL ZONE HR SERVICES
Production Manager/ Manufacturing/ Engineering/ Engineer/ Production
Permanent · National Capital Region
ADD UR CO LLP
Production Manager
Permanent · Chennai
ADD UR CO LLP
Logistics Manager
Permanent · Chennai
PEEPAL HR ASSOCIATES (OPC) PVT LTD
Ceo Textile Business (Please Read The jd Before Applying)
Permanent · Hyderabad
VERUSCHKA
Social Media And PR Specialist
Permanent · MUMBAI
VERUSCHKA
E-Commerce Manager
Permanent · MUMBAI
H&M
E-Commerce Commercial Manager
Permanent · NEW DELHI
H&M
Area Facility Manager
Permanent · NEW DELHI
SAROJ JALAN
Marketing Strategist
Permanent · KOLKATA
ADD UR CO LLP
Production Manager
Permanent · Chennai
THE GLOBAL ZONE HR SERVICES
Production Manager/ Supervisor/ Incharge
Permanent · Pune
PUMA
Manager - Digital Marketing
Permanent · Bengaluru
THE BANYAN HR CONSULTS
Brand Manager For Leading Women's Wear Garments CO at Coimbatore
Permanent · Coimbatore
GLAN MANAGEMENT CONSULTANCY
Senior Buyer Lingerie (Knits Western Wear) - Retail Brand
Permanent · GURUGRAM
JOB INDIA
Asst. Manager E-Com Operations (Garments Retail) Gurgaon
Permanent · Faridabad
VASTRAKALA EXPORTS
Quality Manager
Permanent · CHENNAI
MINT AND MILK COMMUNICATIONS
Senior Account Executive
Permanent · MUMBAI
PUMA
Manager- Buying (Apparel)
Permanent · Bengaluru
PUMA
Manager- Business Intelligence
Permanent · Bengaluru
By
Reuters
Published
Aug 7, 2013
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Nivea maker Beiersdorf sees sales growth faster than market

By
Reuters
Published
Aug 7, 2013

FRANKFURT, Germany - Beiersdorf, the maker of Nivea skin creams, forecast 5-6 percent growth in sales for 2013, and said new shower and anti-ageing products were helping it gain market share.

The group said on Wednesday 2013 sales will rise faster than the market's growth of 3-4 percent. Before Wednesday's results, analysts had on average been forecasting that Beiersdorf would increase sales by just over 4 percent to 6.3 billion euros ($8.4 billion).

Under Chief Executive Stefan Heidenreich, Beiersdorf has cut back on some areas like make-up but has brought out new products, such as a moisturiser that can be used in the shower and a new anti-ageing skincare range. These products helped it gain market share in its consumer business, which brings together brands like Nivea, La Prairie, Eucerin and Labello.

But its predicted profit margin - earnings before interest and tax (EBIT) as a percentage of sales of 12-13 percent for 2013 - underwhelmed. Shares fell 2.5 percent, against a 0.4 percent fall for the DAX index of leading German shares.

Beiersdorf has previously stated it wished to improve on last year's 12.2 percent and the average analyst expectation was for 13.06 percent.

"The full-year outlook is a tad below expectations," one trader said.

The group reported total second-quarter sales rose 3.7 percent to 1.59 billion euros and earnings before interest and tax (EBIT) before special items of 219 million euros, against expectations for 1.63 billion euros and 218 million euros in a Reuters poll.

© Thomson Reuters 2022 All rights reserved.