Historical Stock Chart
6 Monate : Von Okt 2019 bis Mär 2020
By Pietro Lombardi
Beiersdorf AG (BEI.XE) said that nine-month revenue rose and backed its guidance for the year.
Revenue for the period rose 6% to 5.73 billion euros ($6.36 billion), the maker of Nivea skin cream said Tuesday. Revenue grew 4.3% organically.
Sales increased 6.6% at the company's consumer business, with Nivea sales up 3%. The adhesives division posted 3.4% growth in sales.
The German company confirmed its outlook for the year. It targets organic sales growth of between 3% and 5%, while its Ebit margin from ongoing operations is seen at around 14.5%.
Write to Pietro Lombardi at firstname.lastname@example.org
(END) Dow Jones Newswires
October 29, 2019 02:56 ET (06:56 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.