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Beiersdorf Middle East (BDF) posts a strong 15 per cent sales growth for the year 2004
- United Arab Emirates: Sunday, February 20 - 2005 at 10:55
- PRESS RELEASE
NIVEA sales were 100 per cent in line with growth forecasts and annual estimates, as released earlier in the year by the Middle East marketing office, based in Dubai Media City which is responsible for all GCC markets, Egypt, the Levant, Yemen and India.
"Beiersdorf sales were extremely robust and finished the year at 100% of our regional sales objectives" stated Robert Taylor-Hughes, General Manager Beiersdorf Middle East & West Asia. "Of the 12 countries the Dubai Middle East office is responsible for, including India, some markets are as high as +24% sales growth vs. 2003, this is extremely satisfying in such a competitive market place and a credit to the combined efforts of the Dubai marketing team, our regional partners and creative agencies" continued Taylor-Hughes.
"Our new responsibility for personal healthcare brands added a new dimension to the BDF portfolio and these were extremely well accepted by the trade, especially Hansaplast, Europe's No.1 plaster range. Also for the first time marketing effort has been initiated behind the Duo condom range which will continue throughout 2005. Decorative cosmetics was one of the many peak performers with +18% growth, further consolidating our no.1 position in the mid-market price segment"; concluded Taylor-Hughes.
When asked about plans for 2005, Taylor-Hughes commented; "Further investments in Human Resources resource for specialized areas will further add value to our regional operation, and will assist us in achieving growth plans mutually agreed on with our valued retail customers"
NIVEA is one of the few remaining global FMCG mass market cosmetic brands that still produces its product range in Europe and imports directly into the region to ensure the best possible quality for its clients. Industry analysts expect Beiersdorf global sales to reach €4.5bn for 2004 and an operating result of about €480m, well above 10% of sales.
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Notes and media contacts
For more information, please contact Rana Mouawad,Promoseven Weber Shandwick, Dubai.
Tel. +971 4 3210077, fax +971 4 3211711
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Posted by Anne-Birte Stensgaard, Senior News Editor
