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BEI — Beiersdorf AG News Story

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Consumer DefensivesBalancedLarge CapFalling Star

Beiersdorf shares seen falling after forecast cut

** Shares in Nivea-maker Beiersdorf BEIG.DE seen falling 3.3% in early Frankfurt trade after the group cut its guidance more than expected late on Tuesday

** The cut "came not out of the blue but was a bit deeper than feared," a local trader says

** The group also announced its half-year results on Wednesday, with sales in both the consumer and tesa segments coming in slightly below analysts' expectations

** Beiersdorf in seen at the bottom of Germany's blue chip index .GDAXI

 (Reporting by Bernadette Hogg)

 ((bernadette.hogg@thomsonreuters.com))

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