Beiersdorf rises as FY numbers reassure amid sector slowdown

Beiersdorf AG

27/02/2025 08:38

** Shares in Beiersdorf BEIG.DE rise 3% as FY results reassure amid a slowdown in the beauty sector

** "The full-year 2024 results were solid, continuing the momentum we've seen for the first nine months," says Morningstar's Diana Radu

** "What is positive is that as expected in Q4 growth at Derma accelerated QOQ to >15% based on a new product launch," Kepler Cheuvreux's Karel Zoete says

** Zoete notes that a "bit cautious" outlook for 2025 was expected as markets are slowing

** "A reassuring message on growth momentum amid weakness elsewhere in the Beauty sector," J.P.Morgan analysts say, expecting the print along with the share buyback announcement to drive the stock higher

** Shares top German blue-chip index .GDAXI, which trades down 0.9%

 (Reporting by Linda Pasquini and Elizaveta Gladun)

 ((Linda.pasquini@thomsonreuters.com))