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BN 03/04 09:43 *BEIERSDORF CEO: MAY RAISE CONSUMER UNIT GROWTH TARGET AT END-1H BN 03/04 09:42 *BEIERSDORF: PLANS OVER 4%-6% GROWTH TARGET IN 2014 CONSUM. UNIT BN 03/04 09:32 *NO OTHER COSMETICS CO. GREW FASTER THAN BEIERSDORF IN 2H: CEO BN 03/04 09:27 *BEIERSDORF CEO SAYS CO. WANTS TO GROW EVEN FASTER IN 2014 BN 03/04 09:20 *BEIERSDORF TO USE CASH FOR TAKEOVERS 'AT SOME POINT': CEO BN 03/04 09:19 *BEIERSDORF CEO 'VERY HAPPY' WITH GERMAN, EUROPEAN BUSINESS
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Beiersdorf to Use Cash For Takeovers ’At Some Point’: CEO 2014-03-04 09:45:51.837 GMT
By Gaurav Panchal March 4 (Bloomberg) -- Beiersdorf CEO ‘very happy’ with German, European business * Says co. wants to grow even faster in 2014 * Says no other cosmetics co. grew faster than Beiersdorf in 2H * Plans over 4% to 6% growth target in 2014 consumer unit, may raise unit growth target at end 1H * Earlier: DZ Bank sees good chance of market share gains {NSN N1WMSP6JTSED <go>} * Co. had EU984m cash, cash equivalents as of Dec. 31 vs EU834m yr ago: Presentation {NSN N1WMZZBE07I8 <go>}
Link to Company News:{BEI GR <Equity> CN <GO>}
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To contact the editor responsible for this story: Gaurav Panchal at +44-20-7392-0511 or gpanchal2@bloomberg.net