January 8, 2018 / 4:44 PM / 7 months ago

Nivea maker Beiersdorf's 2017 organic growth beats own guidance

FRANKFURT, Jan 8 (Reuters) - Beiersdorf, the maker of Nivea, posted a 5.7 percent rise in organic group sales in 2017, faster than the 4 to 5 percent gain it had previously forecast. Sales rose to 7.1 billion euros ($8.5 billion), up from 6.8 billion a year earlier, the German consumer goods makers said on Monday. ($1 = 0.8352 euros) (Reporting by Tom Sims; Editing by Maria Sheahan)

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