- Beiersdorf’s adjusted EBIT for the first half is €838 million, which is a 1.6% drop compared to last year and below the estimated €896.7 million.
- Total sales for 1H 2024 are €5.18 billion, representing a 4.8% increase year-over-year, but slightly missing the estimate of €5.2 billion.
- Organic sales grew by 7.1%, closely aligning with the estimate of 7.08%.
- Consumer sales reached €4.33 billion, up by 5.4% year-over-year, but falling short of the estimated €4.39 billion.
- Organic consumer sales increased by 8%, missing the estimate of 8.79%.
- Tesa sales came in at €844 million, a 1.9% rise year-over-year, and exceeded the estimate of €809.8 million.
- Organic tesa sales grew by 2.9%, surpassing the estimated decline of 1.48%.
- The adjusted EBIT margin was 16.2%, down from 17.3% in the previous year and below the estimated 17.3%.
- Research and Development (R&D) expenses were €171 million, marking a 13% year-over-year increase, and higher than the estimate of €159.3 million.
- Year Forecast:
- Beiersdorf still expects organic sales growth between 6% to 8%, with an estimate of 7.01%.
- For organic consumer sales, the expected growth is between 6% to 8%, compared to an estimate of 8.28%.
- Organic tesa sales are projected to grow by 2% to 5%, slightly above the estimate of 2.41%.
- Comments:
- Beiersdorf anticipates the consolidated EBIT margin, excluding special factors, to be slightly higher than the previous year’s level.
A look at Beiersdorf Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 2 | |
Dividend | 2 | |
Growth | 4 | |
Resilience | 5 | |
Momentum | 4 | |
OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Beiersdorf AG, known for its development and production of personal care, medical, and adhesive products, maintains a favorable long-term outlook. With a Smartkarma Smart Score of 4 for Growth and 5 for Resilience, the company shows promising potential for expansion and demonstrated strength in uncertain market conditions. Additionally, the Momentum score of 4 further indicates positive trends in the company’s performance. While the Value and Dividend scores are at 2, suggesting room for improvement in these areas, the overall outlook for Beiersdorf appears optimistic based on its strong growth prospects and resilience.
In summary, Beiersdorf AG is a company that excels in the development and marketing of various products such as skin and hair care items, medical supplies, and adhesive solutions. With a Smartkarma Smart Score highlighting high growth potential and resilience, Beiersdorf is poised for long-term success in the industry. While there are areas where improvement could be made, the company’s overall outlook remains positive, making it an attractive prospect for investors looking for growth opportunities and stability in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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