Nivea maker Beiersdorf ups outlook on emerging markets

Germany's Beiersdorf, the maker of Nivea skin care products, increased its outlook for 2012 profits as emerging markets made up for a 4 percent fall in sales at its main consumer products division in western Europe. Photo: NiveaBeiersdorf, which also makes Labello lip balm and La Prairie luxury skin creams, said on Thursday first-half sales rose 2.6 percent to 3.06 billion euros ($3.76 billion) and adjusted earnings before interest and tax (EBIT) rose 11.6 percent to 390 million. It said it

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