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Beiersdorf AG Raises FY 2012 Revenue Guidance; Confirms FY 2012 EBIT Margin Outlook

Friday, 2 Nov 2012 02:56am EDT 

Beiersdorf AG announced that it has lifted its revenue forecast for the fiscal year 2012. The Company expects fiscal year 2012 sales growth of between 3% and 4% (previously: approximately 3%). For the fiscal year 2011 the Company reported revenue of EUR 5,633.00 million. Moreover, the Company announced that it continues to expect an EBIT margin of approximately 12% for the fiscal year 2012. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2012 revenue of EUR 5,960.01 million. 

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-1.06 -1.59%
15 Aug 2014