Beiersdorf AG (BEIG.DE)
8 Dec 2016
* Shares up 6.2 percent in flat market (Adds details on new guidance, CEO comment on M&A, share price)
* CEO says looking at potential acquisitions but strategy remains focused on organic growth Further company coverage:
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.
BERLIN/FRANKFURT, Oct 14 The DAX top-30 index looked set to open xx percent higher/lower on Friday, according to premarket data from brokerage Lang & Schwarz at XXX GMT.
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.
* Q2 net loss 3.7 million zlotys ($978,163) versus loss of 4.9 million zlotys year ago
* Shares fall 4 pct (Recasts throughout, adds analyst comment)
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.