Beiersdorf : CMD: a vision and a methodical approach at last
>Impressive reaction by the stock to the guidance announced - Confirmation of the 2022 guidance and the guidance announced for the consumer business from 2023 yesterday drove a lively reaction from the stock (+7% in the session) at the end of the presentation by Vincent Warnery (new CEO since May 2021). But we doubt that this reaction will be followed by consensus upgrades of a similar magnitude for 2022 and 2023. Management is now targeting the upper end of 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.
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