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November 14, 2005
By: TOM BRANNA
Despite flat sales, Beiersdorf AG reported profits in the company’s first quarter. Sales rose 7.4% at constant exchange rates, although first-quarter sales were €1.19 billion, unchanged from the year-ago period. Net profit rose from €79 million to €81 million, and earnings before interest and taxes rose from €132 million in the year-ago period to €133.
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