Report
Pierre Tegner

Beiersdorf : Conference call: questions on what C.A.R.E. really is. More marketing or more opex?

>Strong positive reaction; we remain at Reduce - Contrary to expectations, the share reacted strongly to the publication of H1 results, which were slightly higher than the consensus. The management is sufficiently confident to have indicated that it was now aiming for the top end of the organic growth guidance range of 3-5% for the consumer business. But this was already expected. We attribute the share’s nearly 4% gain to much more rational factors; the announcement ...
Underlying
Beiersdorf AG

Beiersdorf manufactures and distributes consumer goods. Co. operates in two business segments: consumer, which is Co.'s main business that focuses on the skin and body care markets, with products including NIVEA's Deodorant Invisible for Black & White, NIVEA Deodorant Stress Protect, NIVEA In-Shower Body Lotion, NIVEA Cellular Anti-Age face care, and Eucerin's VOLUME-FILLER; and tesa, which develops, produces, and markets self-adhesive products and system solutions for industry, craft businesses, and consumers. In the electrical industry, the tesa business segment's adhesive systems are used in mobile devices such as smartphones, tablet personal computers, and MP3 players.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Pierre Tegner

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