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via finance.yahoo.comBusiness & Companies

Beiersdorf Q3 sales fall as NIVEA slumps; guidance kept

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Beiersdorf's third-quarter organic sales fell 1.3% as a 4.9% slump at flagship NIVEA outweighed double-digit growth at its Eucerin skincare unit, and the German group kept its full-year guidance while warning of risks at its tesa adhesives business. Still…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe organic sales decline at NIVEA weighs on the group, but the kept full-year guidance limits the impact on the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Third-quarter organic sales fell 1.3%.
  2. 02NIVEA recorded a 4.9% organic decline, while Eucerin posted double-digit growth.
  3. 03The group kept its full-year guidance and warned of risks at its tesa adhesives business.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Beiersdorf AGBEI.XETRAStock79.74 EUR-0.33%today -4.25%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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