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Beiersdorf's German Exchange Status Upgraded
Posted: December 4, 2008Exchange company Deutsche Börse upgraded Beiersdorf AG's Frankfurt Stock Exchange listing from MDAX to DAX, Germany's blue ship stock market index reserved for the top 30 German companies trading on the Frankfurt exchange.
"We are naturally delighted that we are now one of the 30 leading listed companies in Germany," said Thomas-B. Quaas, CEO, Beiersdorf AG. "In recent years, we have turned Nivea into the global number one for skin and beauty care, and we are confident that we shall continue to outperform the market."