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Beiersdorf Posts Higher Q1 Profit

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Beiersdorf AG (OTC: BDRFY) reported a rise in its profit rose in the first quarter.

Beiersdorf's quarterly after-tax profit surged 24% to EUR155 million, while sales climbed 2.9% to EUR1.58 billion.

Its earnings before interest and taxes surged 17% to EUR215 million, while earnings per share rose to EUR0.68 from EUR0.54.

Beiersdorf shares closed at $18.00 yesterday.

 

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Posted-In: profitEarnings News