Cosmetics keep Beiersdorf’s strength up

Published: 5-Feb-2009

North German Nivea producer Beiersdorf AG has announced a sharp increase in its dividend payment for 2008, a rise of 28.6% over 2007. The company, which was listed recently on the prestigious Dax index on the Frankfurt exchange, has so far been able to resist the economic crisis largely due to strong cosmetics division sales.


North German Nivea producer Beiersdorf AG has announced a sharp increase in its dividend payment for 2008, a rise of 28.6% over 2007. The company, which was listed recently on the prestigious Dax index on the Frankfurt exchange, has so far been able to resist the economic crisis largely due to strong cosmetics division sales.

Beiersdorf has meanwhile reported a provisional net profits figure for 2008 of about €553m, representing an increase of 25% over the previous year.

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