- Beiersdorf forecasts a year-on-year increase in organic sales between 6% and 8%, edging past the estimate of 6.41%.
- Organic consumer sales are also projected to rise between 6% and 8%, higher than the previous estimate of 7.28%.
- Estimation of organic Tesa sales range between 2% and 5%, more than the estimate of 3.39%.
- The company posted first-quarter results with sales reaching EU2.60 billion, a 5% increase year-on-year, surpassing estimates of EU2.59 billion.
- Beiersdorf reported a 7.3% increase in organic sales, more than the estimate of 6.37%.
- Consumer sales amounted to EU2.21 billion, denoting a 7.3% increase year-on-year, and surpassing estimates of EU2.17 billion.
- The organic consumer sales increased by 10%, above the estimate of 7.15%.
- Consumer sales in Europe rose by 11% year-on-year to EU972 million, while sales in America increased by 7.5% to EU615 million, and in Africa, Asia, and Australia by 2.3% to EU620 million.
- However, Tesa sales decreased by 6.4% year-on-year to EU397 million, with organic Tesa sales declining by 5.4%.
- Tesa sales fluctuated across regions with Europe seeing a marginal increase of 0.5% to EU204 million, Americas experiencing a dip of 5.4% to EU70 million, and Africa, Asia, Australia witnessing a 16% decline to EU123 million.
- Despite a somewhat volatile market, Beiersdorf is positive and sees FY adjusted Ebit margin slightly above last year’s level.
- Beiersdorf uplifts the FY sales guidance for the group and consumer segment.
- The company is working towards exceeding previous year’s adjusted Ebit margin for Consumer segment by 50bps.
- Beiersdorf anticipates FY adjusted Ebit margin for Tesa to remain at the previous year level.
- Tesa, despite facing a challenging market, remains optimistic that all business divisions and their markets will experience a significant pick up, especially in the second half of the year.
A look at Beiersdorf Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Beiersdorf AG, a company specializing in personal care and medical products, is poised for a positive long-term outlook according to Smartkarma Smart Scores. With high scores in Growth, Resilience, and Momentum, Beiersdorf demonstrates strong potential for future expansion and stability in the market. The company’s commitment to innovation and diversified product offerings have contributed to its favorable score, emphasizing its ability to thrive in various economic conditions.
While Beiersdorf may have room for improvement in the areas of Value and Dividend according to the Smart Scores, its overall outlook remains promising. Investors looking for a company with solid growth prospects, resilience during market fluctuations, and strong momentum may find Beiersdorf to be a compelling investment opportunity. With a focus on developing high-quality personal care and medical products, Beiersdorf is positioned to continue its success in meeting consumer needs and driving shareholder value.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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