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Beiersdorf Surges Back

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Nivea helped boost its parent company's H1 2016 results.

Beiersdorf has raised its full-year 2016 guidance based on strong third-quarter sales. The company's organic sales increased by 2.9% to 5.03 billion euros in the first nine months.

In the first half results, the consumer business segment recorded organic sales growth of 3.3% in the period, totaling €2.798 billion.

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