BERLIN— Beiersdorf AG’s net profits were down 7.5 percent in the second quarter of 2012, reaching 123 million euros, or $158.1 million. Company sales rose 2.3 percent to 1.53 billion euros, or $1.96 billion.
Operating results (EBIT) were up 2.1 percent to 191 million euros, or $245.5 million, in the three months ended June 30.
The Hamburg-based group's consumer business, which includes the Nivea, Eucerin and La Prairie brands, registered a 2 percent gain in second-quarter sales to 1.28 billion euros, or $1.65 billion. EBIT excluding special factors (non-recurring costs relating to the realignment of the consumer business segment completed in November 2011) grew 4.5 percent to 163 million euros, or $209.5 million.
In the first half of 2012, Beiersdorf’s net profits were down 3.9 percent to 248 million euros, or $321.9 million. Company EBIT advanced 7.4 percent to 374 million euros, or $485.5 million. Its sales, meanwhile, gained 5.5 percent to 3.06 billion euros, or $3.97 billion. RELATED STORY: Henkel Q2 Profits Rise 9.9% >>
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