Latest News for BDRFF

Beiersdorf Aktiengesellschaft ETR: BEI reported a third-quarter organic sales decline as continued pressure at NIVEA and weakness in its tesa electronics business outweighed growth in dermatological skincare and luxury brands.

German consumer goods maker Beiersdorf marginally missed market expectations for third-quarter sales growth on Tuesday, as temporary weakness in sales to retailers weighed on its Nivea brand.

Beiersdorf trimmed its guidance on Monday and now expects an organic sales decline in the low-single digit percentage range this year.
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