Picture of Beiersdorf AG logo

BEI — Beiersdorf AG News Story

0.000.00%
de flag iconLast trade - 00:00
Consumer DefensivesBalancedLarge CapNeutral

Unanswered questions on Nivea, Q3 miss hit Beiersdorf shares

BUZZ-Unanswered questions on Nivea, Q3 miss hit Beiersdorf shares

** Shares in Beiersdorf BEIG.DE fall 4% after the German consumer goods maker marginally missed market expectations for third-quarter sales growth

** "On net, then, whilst there are some genuine positives around Derma and La Prairie, the big question around Nivea remains unanswered, and Tesa is also becoming a bigger issue," analysts at Bernstein write in a note

** Today's drop brings the stock down almost 15% YTD

** Shares among worst performers on pan-European index .STOXX


(Reporting by Paolo Laudani in Gdansk)

((Paolo.laudani@thomsonreuters.com))

Recent news on Beiersdorf AG

See all news