- Beiersdorf’s organic sales for the first quarter rose by 3.6%, surpassing the estimate of 2.56%.
- Total sales reached €2.69 billion, which is a 3.3% increase year-on-year, exceeding the projected €2.66 billion.
- Consumer sales amounted to €2.25 billion, a year-on-year growth of 1.9%, slightly ahead of the €2.24 billion estimate.
- Organic consumer sales increased by 2.3%, outperforming the forecast of 2.25%.
- In Europe, consumer sales were €995 million, marking a 2.4% rise compared to last year, surpassing the estimated €963.5 million.
- Consumer sales in the Americas slightly declined by 0.2% year-on-year to €614 million, below the estimate of €618.8 million.
- A strong performance was seen in Africa, Asia, and Australia, with consumer sales growing by 3.4% year-on-year to €641 million, beating the estimate of €618.3 million.
- Tesa division sales soared by 11% year-on-year to €441 million, surpassing the expected €413.7 million.
- Organic tesa sales jumped by 10.7%, far exceeding the estimate of 4.71%.
- Tesa Europe faced a slight decline of 0.5% year-on-year with sales of €203 million, which was below the estimated €208.2 million.
- Tesa sales in the Americas remained stable at €70 million, missing the forecast of €72.5 million.
- Remarkably, the tesa segment in Africa, Asia, and Australia saw a leap of 37% year-on-year to €168 million, far exceeding the €137.2 million forecast.
- Beiersdorf maintains its year forecast for organic sales growth in the range of 4% to 6%, with a consensus estimate of 5.03%.
- The forecast for organic consumer sales remains steady at 4% to 6%, compared with an estimate of 5.62%.
- The company upholds its guidance for organic tesa sales growth of 1% to 3%, aligned with an estimate of 2.5%.
- Beiersdorf highlighted the role of the automotive sector in influencing tesa’s sales performance within the forecasted 1%-3% growth range.
“`
A look at Beiersdorf Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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 known for developing personal care and medical products, seems to have a promising long-term outlook based on its Smartkarma Smart Scores. With a high score in Resilience and Growth, it indicates that the company is well-positioned to withstand challenges and has potential for future expansion. Additionally, its Momentum score suggests a positive trend in market performance. Although the Value and Dividend scores are not as high, the strong ratings in Growth and Resilience point towards a bright future for Beiersdorf.
Beiersdorf AG is a company that specializes in personal care, medical, and adhesive products. The company’s impressive Smartkarma Smart Scores, particularly in Growth and Resilience, paint a positive picture of its long-term prospects. These scores indicate that Beiersdorf is likely to experience continued growth and has the ability to adapt to changing market conditions. While there are areas for improvement in terms of Value and Dividend scores, the overall outlook for Beiersdorf appears to be promising based on its solid ratings in key factors.
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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