Beiersdorf 1st Half LFL Sales Fell 11%
06 Juli 2020 - 04:55PM
Dow Jones News
By Olivia Bugault
Beiersdorf AG said Monday that like-for-like sales in its first
half fell by 11% due to the coronavirus pandemic, according to
preliminary figures.
Sales at the group level stood at 3.51 billion euros ($3.95
billion) for its first half, the German maker of personal-care
product says.
At its consumer business, sales fell by 11% on a like-for-like
basis at EUR2.89 billion compared with the same period last year,
while its Tesa business segment booked an organic decline in sales
of 10%, Beiersdorf says.
Beiersdorf still can't quantify the impact of the coronavirus
crisis on its business for 2020, it says.
Its second-quarter report will be released on Aug. 6.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
July 06, 2020 10:40 ET (14:40 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Beiersdorf (TG:BEI)
Historical Stock Chart
Von Feb 2024 bis Mär 2024
Beiersdorf (TG:BEI)
Historical Stock Chart
Von Mär 2023 bis Mär 2024