Thanks to a strong fourth quarter in the hair care segment, Unilever signed off a good year of growth in Personal Care, as well as its other consumer categories, with the announcement of its full year results.
As it has done on several occasions previously, the Nivea brand has once again helped out German company Beiersdorf, as it announced its sales and profit for the first quarter 2012.
Procter & Gamble says it is still on course to increase organic sales during the October-December quarter, but says growth will be below original estimates.
Good performance from Nivea helped keep Beiersdorf’s results up although costs relating to its Chinese operations may affect profits before the year is out.
New Jersey-based International Flavors and Fragrances has reported
a strong increase in its third quarter sales driven by its flavors
division, but profits are hit by administration charges.
Procter & Gamble said that net quarterly sales were up 8 per
cent to $18.69bn, driven by double-digit growth in the baby &
family care division and high single-digit sales growth in the
beauty and blades and razors division.
L'Oreal has declared that it is not adverse to making further
acquisitions in the future in an effort to maintain sales growth at
6 - 8 per cent, while confirming a 50 per cent drop in its annual
profits following merger gains...
Inter Parfums says it is expecting a 10 per cent boost in its sales
next year on the back of a plethora of prestige fragrance launches,
as well as the freshly signed deal to supply personal care goods to
the Banana Republic and Gap.