Beiersdorf Aktiengesellschaft Announces Sales Results for the Year 2017; Provides Earnings Guidance for the Year 2017
For the year 2017, the company expects the EBIT margins for the Group and for the Consumer business segment to be slightly above previous year (previous year Group: 15%; previous year Consumer business segment: 14.8%); the EBIT margin for the tesa business segment is now expected to be significantly above previous year (previous year tesa: 16.2%). Due to the absence of one-time profits incurred in 2016 as well as losses from foreign exchange and from financial investments in 2017, the company expects the profit after tax margin to be around 10% (previous year: 10.8%).