Beiersdorf Posts Upbeat 2011 Profit
Beiersdorf (OTC: BDRFY) reported upbeat 2011 core operating profit.
Beiersdorf's 2011 earnings before interest, tax and special items dropped 7.6% to 646 million euros ($839 million), versus a forecast of 624 million.
Beiersdorf's 2011 net profit declined 20% to 259 million euros.
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