Beiersdorf AG, the maker of Nivea, Coppertone and different private care manufacturers, posted sturdy Q1 gross sales.According to its provisional figures, Beiersdorf achieved a considerable improve in natural group gross sales of 10.3% to €2,215 million ($2.4 billion at present trade charges) within the first quarter. Organic gross sales within the shopper enterprise section climbed 11.6% to $1.94 billion. The Tesa enterprise section reported natural gross sales development of 5.1% to $462 million.The firm famous that at present there are uncertainties as a result of battle in Ukraine, corona-driven lockdowns in China and inflationary strain on uncooked materials and logistics prices. Measures for mitigating this value strain have already been taken group-wide, in keeping with Beiersdorf.As a end result, the 2022 full-year gross sales forecast printed in March for the Consumer enterprise section stays unchanged in gentle of the continued unstable market atmosphere. Beiersdorf anticipates gross sales development within the mid-single-digit vary for the buyer enterprise.
https://www.happi.com/contents/view_breaking-news/2022-04-08/nivea-skincare-maker-beiersdorf-posts-strong-q1-sales/
