Gerresheimer's shares fall 11% after another outlook cut

Gerresheimer AG

09/10/2025 08:24

Oct 9 (Reuters) - Shares in Gerresheimer GXIG.DE fell 11% on Thursday, a day after the German packaging and medical equipment maker cut its 2025 guidance for the third time this year.

Its shares were trading at 33.2 euros ($38.58) at 0710 GMT and at the bottom of the German midcap index .MDAXI.

The profit warning comes amid slowing demand for personal care and beauty products that has weighed on consumer goods companies.

Gerresheimer, which makes rounded jars for creams and roll-on bottles for deodorants, expects organic revenues to decline between 2-4% year-on-year, after previously expecting between 0-2% growth.

Its shares have lost almost half of their value since January, also taking a knock from an investigation started by Germany's financial regulator which alleged accounting rule violations.

($1 = 0.8607 euros)

 (Reporting by Paolo Laudani in Gdansk, Editing by Matthias Williams)

 ((Paolo.Laudani@thomsonreuters.com;))