- Beiersdorf reported a 6.5% increase in organic sales for the first nine months of 2024.
- Total sales reached €7.55 billion, marking a 4.1% increase year-over-year.
- Consumer sales contributed €6.26 billion, with a 4.5% year-over-year increase.
- Organic consumer sales grew by 7.3%.
- European consumer sales were up by 5.5%, totaling €2.77 billion.
- In the Americas, consumer sales rose by 3.7%, reaching €1.75 billion.
- Consumer sales in Africa, Asia, and Australia increased by 3.6%, amounting to €1.74 billion.
- Tesa’s sales saw a 2.1% rise, totaling €1.29 billion.
- Organic sales for Tesa grew by 3.1%.
- Tesa sales in Europe were slightly down by 0.3%, achieving €585 million.
- In the Americas, Tesa sales decreased by 1.4%, reaching €217 million.
- Tesa sales in Africa, Asia, and Australia increased by 7%, totaling €487 million.
- Beiersdorf maintains its full-year forecast for organic sales growth between 6% and 8%, with an estimated growth of 6.7%.
- Organic consumer sales are expected to grow between 6% and 8%, with an estimated increase of 8%.
- Organic sales for Tesa are projected to rise between 2% and 5%, with an expected growth of 3.46%.
- The company anticipates a slightly higher full-year consolidated EBIT margin, excluding special factors, compared to the previous year.
- The Consumer Business Segment’s EBIT margin is expected to be 50 basis points higher than the previous year, excluding special factors.
A look at Beiersdorf Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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, a company known for developing personal care, medical, and adhesive products, appears to have a positive long-term outlook based on its Smartkarma Smart Scores. With a strong score in resilience and growth, Beiersdorf is positioned well to weather economic uncertainties and continue expanding in the market. This indicates that the company is robust and has the potential for sustainable growth over time, making it an attractive prospect for investors seeking stability and long-term value.
Although Beiersdorf scores moderately in value and dividend factors according to Smartkarma, its high scores in growth and resilience highlight its ability to adapt to changing market conditions and capitalize on opportunities. With a solid momentum score as well, Beiersdorf seems to have the momentum to drive its business forward in the coming years. Overall, based on the Smart Scores provided, Beiersdorf appears to be a company with promising long-term prospects in the personal care and medical products sector.
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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