|Bid||101.80 x 37700|
|Ask||101.85 x 10000|
|Day's Range||101.80 - 104.05|
|52 Week Range||77.62 - 117.25|
|Beta (5Y Monthly)||0.24|
|PE Ratio (TTM)||32.17|
|Earnings Date||Aug 06, 2020|
|Forward Dividend & Yield||0.70 (0.67%)|
|Ex-Dividend Date||Apr 30, 2020|
|1y Target Est||98.11|
Nivea-maker Beiersdorf <BEIG.DE> said on Tuesday its La Prairie premium skincare brand and sun care products have been hit by the drop in international travel due to the coronavirus pandemic while sales of hand wash, hand creams and plasters jumped. Beiersdorf already scrapped its 2020 outlook last month due to the pandemic, and released preliminary first-quarter sales that showed a 3.6% fall from a year earlier. On Tuesday, it said sales of La Prairie dropped 36% in the quarter due to the collapse in global tourism, which also hit its sun care business.
Nivea-maker Beiersdorf <BEIG.DE> on Thursday scrapped its 2020 outlook due to the coronavirus pandemic, and also released preliminary first-quarter sales that showed a 3.6% fall from a year earlier. Preliminary sales for the first quarter fell 3.6% on a like-for-like basis to 1.91 billion euros ($2.07 billion), the group said, adding sales at the tesa business segment were down 5.1% in the period.
Aerolase® and Eucerin® entered into a mutual agreement in the D-A-CH-region (Germany-Austria-Switzerland) aimed at optimizing laser treatment protocols for enhanced patient benefits. Furthermore, both companies will develop therapies for adjunctive care post-laser treatments. Kicking off the collaboration, Eucerin® products were available at the Aerolase® booth N135 during the IMCAS World Congress taking place from January 30 – February 2 in Paris, France. Both companies will also conduct a joint symposium at the upcoming German congress FOBI (27th Fortbildungswoche für praktische Dermatologie und Venerologie) in July 2020.
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German consumer goods firm Beiersdorf <BEIG.DE> reported a fall in sales of adhesives to the auto industry in the third quarter but new products boosted its skin care business which held up better than expected. The Tesa unit, which makes adhesives for the automotive and electronics industries, reported sales growth of just 1.2% between January and September, after stripping out currency effects and acquisitions, down from 2.4% in the first half of 2019. Suppliers to the auto industry are being hit by a slump in production as demand falls in the world's biggest car market China and as a trade war between Washington and Beijing curbs global economic growth.
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German consumer goods firm Beiersdorf is launching its first new brand for more than 30 years - a line of body creams specially for tattooed skin - as it seeks to tap into the growing popularity of skin art and appeal to a younger audience. Beiersdorf said the "Skin Stories" line would go on sale at the end of September, including a repair balm for new tattoos, sun protection in a stick and a daily body lotion. Beiersdorf said almost one in five Germans now have a tattoo, with the proportion close to half among women aged between 25 and 34, and rising further.
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