Beiersdorf AG (BDRFF.PK,BDRFY.PK) said its profit after tax for 2011 decreased to 259 million euros from 326 million euros in the prior year. Profit after tax, excluding special factors, was 434 million euros compared to 425 million euros last year.
Operating result (EBIT) fell year-over-year to 431 million euros from 583 million euros. Operating result (EBIT), excluding special factors, dropped to 646 million euros from 699 million euros in the previous year.
Annual sales climbed to 5.63 billion euros from 5.57 billion euros in the prior year.
Chief executive officer Thomas-B, stated, "We are making good progress on the realignment of our corporate structures and processes as part of our drive to increase the regionalization of our Consumer business. We are optimistic that we will grow in line with the market again in 2012."
In addition, Beiersdorf said a dividend of 0.70 euros per share is being proposed.
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