Previous Close | 149.58 |
Open | 149.58 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 149.58 - 149.58 |
52 Week Range | 124.80 - 152.64 |
Volume | |
Avg. Volume | 106 |
Market Cap | 34.187B |
Beta (5Y Monthly) | 0.26 |
PE Ratio (TTM) | 43.11 |
EPS (TTM) | 3.47 |
Earnings Date | N/A |
Forward Dividend & Yield | 1.07 (0.71%) |
Ex-Dividend Date | Apr 19, 2024 |
1y Target Est | N/A |
Key Insights The projected fair value for Beiersdorf is €102 based on 2 Stage Free Cash Flow to Equity Current share...
(Reuters) -German skincare company Beiersdorf raised its 2024 sales guidance on Tuesday, citing a strong first-quarter for its Nivea brand in all regions while Chinese demand for its top-end products also began to recover. Beiersdorf, where Nivea accounted for just under half of sales last year, now expects 2024 sales to grow by 6-8%, up from the "mid-single-digit" growth forecast in February. First quarter revenue of 2.6 billion euros ($2.76 billion) was up 7.3% on the same period of last year, beating the 6.2% growth expected by analysts polled by Vara Research.
Growth in emerging markets like Mexico and Brazil offset declines at prestige players La Prairie and Chantecaille.