- Home
- Beiersdorf compact
- To Our Shareholders
- Group Management Report
- Business and Environment
- Economic Environment
- Results of Operations - Group
- Results of Operations - Business Segments
- Balance Sheet Structure - Group
- Financial Position - Group
- Research and Development
- Sustainability
- Employees
- Risk Report
- Report by the Executive Board Regarding Dealings among Group Companies
- Report on Post-Balance Sheet Date Events
- Disclosure Requirements in Accordance with §315 (4) HGB
- Report on Expected Developments
- Consolidated Financial Statements
- Consolidated Income Statement
- Consolidated Balance Sheet
- Consolidated Cash Flow Statement
- Statement of Recognized Income and Expense
- Notes (to the Consolidated Financial Statements)
- Consolidated Segment Reporting
- Significant Accounting Policies
- Consolidated Group, Acquisitions and Divestments
- Notes to the Income Statement
- Notes to the Balance Sheet
- Other Disclosures
- Beiersdorf AG Boards
- Auditors' Report
- Responsibility Statement by the Executive Board
- Annual Financial Statements of Beiersdorf AG in Accordance with the HGB (Condensed)
- Business and Environment
- Economic Environment
- Results of Operations - Group
- Results of Operations - Business Segments
- Balance Sheet Structure - Group
- Financial Position - Group
- Research and Development
- Sustainability
- Employees
- Risk Report
- Report by the Executive Board Regarding Dealings among Group Companies
- Report on Post-Balance Sheet Date Events
- Disclosure Requirements in Accordance with §315 (4) HGB
- Report on Expected Developments
Page 1 of 3
Results of Operations – Group
| income statement Jan. 1 to Dec. 31 (in € million) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2007 | 2008 | % change | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Sales | 5,507 | 5,971 | 8.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of goods sold | –1,830 | –1,979 | 8.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Gross profit | 3,677 | 3,992 | 8.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Marketing and selling expenses | –2,618 | –2,874 | 9.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Research and development expenses | –127 | –149 | 16.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| General and administrative expenses | –260 | –292 | 12.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other operating result | 12 | 19 | - | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating result (EBIT, excluding special factors) | 684 | 696 | 1.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Special factors relating to divestments | - | 96 | - | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Special factors relating to the realignment of the Consumer Supply Chain | –68 | 5 | - | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating result (EBIT) | 616 | 797 | 29.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial result | 28 | 25 | -10.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Profit before tax | 644 | 822 | 27.6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes on income | –202 | –255 | 26.0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Profit after tax | 442 | 567 | 28.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The changes in percent are calculated based on thousands of euros. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sales
Group sales rose by 10.6%, adjusted for currency translation effects. Consumer contributed with a
rise of 12.3% and tesa with a rise of 1.3% to overall growth. Adjusted for our acquisitions made at
the end of 2007 (C-BONS Hair Care, 50% Beiersdorf AG Switzerland), organic growth amounted to
7.5%. At current exchange rates, Group sales rose by 8.4% to €5,971 million. 
see Chart 06
In Europe, we lifted sales by 5.4% (adjusted for currency translation effects), due in particular
to our successful innovations. At current exchange rates, we achieved growth of 4.6% to reach
€4,090 million. see Chart 07
Strong double-digit growth in Latin America was the main driver behind the trend in the Americas. However, North America also achieved substantial sales growth again this year. Overall, sales in the Americas rose by 11.9% (adjusted for currency translation effects). At current exchange rates, sales increased by 6.3% to €832 million.
Sales growth in Africa/Asia/Australia again proved to be extremely dynamic. The figure of 34.2% growth (adjusted for currency translation effects) recorded for the region was extremely positive. The C-BONS Hair Care Group, which we acquired at the end of 2007, contributed 18.5 percentage points to growth in this region. At current exchange rates, we achieved growth of 28.7% to reach €1,049 million.
