Beiersdorf (ETR:BEI) First Half 2024 Results
Key Financial Results
- Revenue: €5.18b (up 4.8% from 1H 2023).
- Net income: €582.0m (flat on 1H 2023).
- Profit margin: 11% (in line with 1H 2023).
- EPS: €2.57 (up from €2.56 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Beiersdorf EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%.
Looking ahead, revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Personal Products industry in Europe.
Performance of the market in Germany.
The company's shares are down 4.4% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Beiersdorf's balance sheet.
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About XTRA:BEI
Beiersdorf
Manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia.
Flawless balance sheet average dividend payer.