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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Beiersdorf AG | TG:BEI | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.00 | 0.71% | 141.40 | 141.40 | 141.45 | 141.60 | 140.25 | 140.70 | 2,063 | 08:39:55 |
From May 2019 to May 2024
By Giulia Petroni
Beiersdorf AG said Wednesday that sales rose in the first quarter despite the coronavirus's impact on business, and the company backed its full-year guidance.
The German maker of personal-care products said sales came in at 1.95 billion euros ($2.4 billion) from EUR1.91 billion a year earlier. On an organic basis, sales grew 6.3%.
The consumer business segment registered an organic sales growth of 2.7% to EUR1.55 billion driven by dermatological brands Eucerin and Aquaphor as well as skin-care brand La Prairie, the company said.
The company said its tesa business segment had sales growth of 23.6% to EUR397 million, supported by strong performance in electronics and a recovery in the automotive industry.
Looking at the full year, Beiersdorf said it expects positive sales growth and anticipates the earnings-before-interest-and-taxes margin remaining at the prior year's level.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
April 28, 2021 02:38 ET (06:38 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Beiersdorf Chart |
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