Beiersdorf posts H1 EBIT growth of 4.3 percent

FRANKFURT Thu Aug 7, 2014 2:16am EDT

FRANKFURT Aug 7 (Reuters) - Nivea skin cream maker Beiersdorf posted a 4.3 percent increase in its first half operating profit, in line with expectations.

Earnings before interest and tax (EBIT) in the six months to June reached 452 million euros ($604.7 million) on sales of 3.17 billion euros, the company said.

The group confirmed its forecast for full-year sales to rise between 4 and 6 percent from last year's 6.14 billion euros but modified its forecast for the 2014 EBIT margin slightly.

(1 US dollar = 0.7475 euro) (Reporting by Kirsti Knolle; Editing by Maria Sheahan)

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article