Beiersdorf Aktiengesellschaft reports Q1 results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2024
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Source: SeekingAlpha
- Beiersdorf Aktiengesellschaft Q1 2024 Sales: Group sales reached €2.6 billion, up 7.3% organically.
- Guidance Upgrade: Beiersdorf upgraded its guidance for the Consumer Business Segment for full year 2024.
- Sales Growth Expectation: The company now expects organic sales growth of 6–8%.
- EBIT Margin Ambition: Beiersdorf aims to exceed the previous year's EBIT margin by 50 basis points.
- Additional Information: The press release includes links to earnings call transcripts and historical data for Beiersdorf Aktiengesellschaft.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
