Beiersdorf AG said Tuesday that its adjusted profit for 2019 increased slightly, and it issued guidance for the current year. The maker of Nivea skin cream saw an underlying aftertax profit of 795 million euros ($882.7 million) for the period, compared with EUR756 million a year earlier. Underlying earnings before interest and taxes fell 0.5% to EUR1.11 billion, due to strategic investments that were part of the company's strategy CARE+ plan.
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