Beiersdorf : Very good start to the year ahead of forecasts. The Blue effect is the driving force (Nivea and Europe)
>Blue effect or C.A.R.E. effect ? - Reduce recommendation maintained. Very good momentum in Q1 with organic growth of +6.0% (of which +6.8% in consumer business). This was not at all expected. This should support a very positive reaction from the share price. While we are very sceptical about the merits of the C.A.R.E. plan, the start of this year seems to have proved us wrong. But the question is whether this good performance is attributable to C.A.R.E. or the ...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.