German consumer goods company Beiersdorf reported a 54 percent drop in first-half net profit amid falling consumer spending brought on by the global recession. The Hamburg-based company, whose products include the Nivea skin cream and Tesa adhesive tapes, said it earned euro189 million ($270.3 million) in the six months to end-June compared with euro292 million a year earlier. Sales declined nearly 5 percent to euro2.9 billion compared with euro3 billion in the first six months of 2008. The company did not immediately provide its second-quarter figures. 