|Bid||0.00 x 37700|
|Ask||0.00 x 10000|
|Day's range||89.60 - 91.30|
|52-week range||81.86 - 108.05|
|Beta (5Y monthly)||0.30|
|PE ratio (TTM)||30.60|
|Earnings date||01 Mar 2022|
|Forward dividend & yield||0.70 (0.77%)|
|Ex-dividend date||06 Apr 2021|
|1y target est||103.04|
Beiersdorf Aktiengesellschaft / Key word(s): Mergers & Acquisitions/TakeoverBeiersdorf Aktiengesellschaft: Beiersdorf to acquire prestige skin care business Chantecaille21-Dec-2021 / 22:04 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.Beiersdorf to acquire prestige skin care business Chantecaille Today, Beiersdorf Aktienges
BERLIN (Reuters) -Beiersdorf expects a recovery in travel retail and demand for sun care products to boost sales in 2022, when the Nivea maker also hopes for a rebound in sales of adhesives to the automotive industry. The German company plans to offset rising costs of raw materials by increasing prices and cutting costs, targeting a small increase in its operating margin in 2022, finance chief Astrid Hermann told analysts on Thursday. Beiersdorf made the forecasts after reporting third-quarter sales rose an underlying 4.3% to 1.9 billion euros ($2.2 billion), shy of some analysts' forecasts.
Nivea maker Beiersdorf's sales rose above pre-pandemic levels as demand for adhesives and its dermatological brands roared back, pushing the shares up by more than 5% in early trade on Thursday. Organic sales jumped 28.3% in the second quarter to deliver growth for the first half of 16.2%, achieving 3.87 billion euros revenue, a tad above the consensus estimate of 3.82 billion according to Refinitiv IBES data and the 2019 first-half figure of 3.84 billion euros. Beiersdorf's shares were up 5.5% at 0735 GMT, having earlier hit their highest level since early 2020.