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Beiersdorf 1Q net profit falls 31 pct

Beiersdorf 1Q net profit falls 31 pct

German consumer goods company Beiersdorf AG reported Tuesday a 31 percent drop in first quarter net profit as consumer spending dwindled amid the global economic crisis, and said sales and profits would be weaker in 2009 than 2008.
The Hamburg-based company, whose products include the Nivea skin cream and Tesa adhesive tapes, said net profit in the January-March period fell to


Updated : 2021-02-27 08:46 GMT+08:00