FRANKFURT Jan 24 Beiersdorf, the
maker of Nivea cream, reported sales up 4.7 percent in 2012 as
demand from consumers in countries like Russia and Brazil offset
a weak climate in its home European markets.
The group, which also makes La Prairie luxury skin cream and
Labello lip balm, reported 2012 sales of 6.04 billion euros
($8.02 billion), in line with analyst expectations for 6.03
billion euros, according to a Reuters poll.
It said it was on target for a EBIT margin - earnings before
interest and tax as a percentage of sales - of around 12 percent
($1 = 0.7530 euros)
(Reporting by Victoria Bryan)