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  • The Year in Review
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    Putting Words into Action:
    Execution Counts


    As a leading international branded consumer goods company, we are experts in all skin-related areas, we concentrate on a selected number of strong international brand families – and we focus on consumers’ needs. Our Annual Report this year addresses one theme that is of prime importance and forms the basis of our success: the consistent execution of our strategy. Using specific examples from our business process, we want to show how our strategy results in the right actions.


    Beiersdorf at a Glance

       

    in € million (unless otherwise stated)
    2003
    2004
    Sales
    4,435
    4,546
    Change in % (nominal)
    -1.3
    2.5
    Change in % (adjusted*)
    4.2
    4.5
    Consumer
    3,739
    3,840
    tesa
    696
    706
    EBITDA
    614
    656
    Operating result (EBIT)
    455
    483
    Profit after tax
    301
    302
    Return on sales (after tax) in %
    6.8
    6.6
    Earnings per share in €
    3.50
    3.88
    Total dividend
    121
    121
    Dividend per share in €
    1.60
    1.60
    Gross cash flow
    377
    493
    Capital expenditure (incl. financial assets)
    162
    165
    Research and development expenses
    97
    101
    Employees (as of Dec. 31)
    16,664
    16,492
       
    * adjusted for currency translation effects; 2004 after adjustment
    for the sale of a small part of the tesa US business
    Download Chart (MS Excel)

    Throughout this report the figures of the previous year were restated to reflect the new reporting structure (BSN medical at equity). A detailed comparison of the old and new structure can be found here.

    Group sales
    (in € million)





    Group profit after tax
    (in € million)


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