Previous Close | 142.15 |
Open | 142.25 |
Bid | 142.65 x 37700 |
Ask | 142.70 x 10000 |
Day's Range | 142.05 - 143.50 |
52 Week Range | 113.40 - 143.90 |
Volume | |
Avg. Volume | 263,435 |
Market Cap | 32.469B |
Beta (5Y Monthly) | 0.26 |
PE Ratio (TTM) | 43.91 |
EPS (TTM) | 3.26 |
Earnings Date | Apr 16, 2024 |
Forward Dividend & Yield | 1.00 (0.70%) |
Ex-Dividend Date | Apr 19, 2024 |
1y Target Est | 140.80 |
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.