Beiersdorf raises 2023 sales guidance on strong 9-month results

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Beiersdorf raises 2023 sales guidance on strong 9-month results
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BERLIN (Reuters) -Nivea maker Beiersdorf raised its full-year sales guidance on Wednesday, as it reported a 11.2% hike in organic group sales in the first...

Nivea bottles are seen on a production line at the plant of German personal care company Beiersdorf in Hamburg

Organic group sales came in at 7.3 billion euros in the first nine months of the year, 11.2% higher than the figure it reported for the same period a year earlier."Our iconic brands Nivea, Eucerin, and Aquaphor are leading the way with broad-based, double-digit growth rates, driven by impactful global and local initiatives," said CEO Vincent Warnery.

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