|Bid||99.64 x 37700|
|Ask||99.70 x 10000|
|Day's Range||99.26 - 101.75|
|52 Week Range||79.00 - 108.05|
|Beta (5Y Monthly)||0.23|
|PE Ratio (TTM)||35.46|
|Earnings Date||Aug 04, 2022|
|Forward Dividend & Yield||0.70 (0.70%)|
|Ex-Dividend Date||Apr 19, 2022|
|1y Target Est||103.50|
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FRANKFURT (Reuters) -Beiersdorf, the maker of Nivea skin care products and Tesa glue, cut the forecast for full-year sales at its adhesives unit on Thursday due to extensive lockdowns in China and ongoing supply chain issues in the automotive industry. The Tesa adhesives unit, which serves the electronics and automotive markets and accounts for about a fifth of Beiersdorf sales, had been the group's fastest-growing business in 2021 thanks to growth in the Chinese electronics business. However, the recent COVID-19 surge in China hurt the unit's growth in the first quarter, and Beiersdorf said it now expects Tesa to grow sales in the low to mid single-digit range in 2022, compared to its previous target for mid single-digit growth.
L'Oréal has also donated an initial 1 million euros, and products, to organizations that are helping refugees.
In this article, we will discuss the 15 most valuable German companies. You can skip our detailed analysis of these companies, and go directly to 5 Most Valuable German Companies. Officially known as the Federal Republic of Germany, Germany is a country located in Central Europe, with Berlin as the capital city, and Frankfurt as […]