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Beiersdorf AG (BEIG.DE)

BEIG.DE on Xetra

81.66EUR
11:34am EST
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€81.42
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Tue, Jan 17 2017

UPDATE 1-Beiersdorf posts better-than-expected 2016 sales

* Shares indicated at top of German blue-chip index (Recasts, adds shares, details on Consumer division)

Beiersdorf posts better-than-expected 2016 sales

FRANKFURT, Jan 17 Beiersdorf, the maker of Nivea cream and Tesa adhesives, on Tuesday said organic sales grew by 3.2 percent in 2016, slightly more than expected by analysts, and confirmed its operating profit-margin target.

UPDATE 1-Beiersdorf raises profit guidance on strong consumer business

* Shares up 6.2 percent in flat market (Adds details on new guidance, CEO comment on M&A, share price)

BRIEF-Beiersdorf to continues focusing on organic growth

* CEO says looking at potential acquisitions but strategy remains focused on organic growth Further company coverage:

Beiersdorf hikes profit guidance on strong consumer products

FRANKFURT, Nov 3 German Beiersdorf, the maker of Nivea cream and Tesa adhesives, raised its guidance for 2016 earnings on Thursday on strong third-quarter sales at its consumer business, which roared back after a disappointing first half of the year.

Rainy summer clouds Beiersdorf's performance

FRANKFURT Nivea cream maker Beiersdorf faced scepticism on Thursday over how it will meet full-year sales targets after it warned of weakening consumer sentiment and said a wet summer had dented sales of its sunscreens.

BRIEF-BDF Q2 net loss narrows to 3.7 mln zlotys yoy

* Q2 net loss 3.7 million zlotys ($978,163) versus loss of 4.9 million zlotys year ago

UPDATE 2-Rainy summer clouds Beiersdorf's performance

* Shares fall 4 pct (Recasts throughout, adds analyst comment)

Beiersdorf confirms 2016 target in spite of consumer uncertainty

FRANKFURT, Aug 4 German consumer goods company Beiersdorf, the maker of Nivea skin cream, improved its profit margin in the first half of the year and said it was cautiously optimistic for the year despite economic and political uncertainties knocking consumer confidence.

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