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Beiersdorf sees no downward trend due to Russia-Ukraine crisis
May 8, 2014 / 7:40 AM / 3 years ago

Beiersdorf sees no downward trend due to Russia-Ukraine crisis

FRANKFURT, May 8 (Reuters) - Nivea cream maker Beiersdorf said on Thursday markets in Russia and Ukraine remained strong despite ongoing political tensions.

“I cannot see any downward trend as result of the Russia-Ukraine crisis,” Chief Executive Stefan Heidenreich said in a call. “We are very upbeat regarding Russia for the months to come.” (Reporting by Kirsti Knolle; Editing by Christoph Steitz)

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