Beiesdorf has announced strong end of year results. Organic group sales rose 4.7% over the past financial year, with nominal sales growing 2.3% to €6.285bn.
The consumer business segment was said to generate organic sales growth of 4.8% with Nivea, Eucerin and La Prairie contributing to the results.
Stefan Heidenreich, CEO of Beiersdorf, said: "2014 was a successful year for Beiersdorf. Once again we recorded clear sales growth, increased our market share, and further developed our innovation power and competitiveness. The stability and strength that Beiersdorf has achieved makes us confident about our outlook for 2015. At the same time, we are aware of the growing macroeconomic challenges in individual markets and are monitoring them closely."