India, Aug. 3 -- Beiersdorf Aktiengesellschaft (BDRFF.PK,BDRFY.PK,BEI.DE), a German consumer goods company, on Monday cut its full-year 2026 guidance citing a continued difficult market environment and a slower-than-expected NIVEA recovery, and said it had resolved an 18-month turnaround plan for the brand.
The company now expects an organic sales decline in the low-single-digit percentage range in 2026 for both the Consumer Business Segment and the Group. That compares with prior guidance for flat to slightly growing organic sales. For the tesa Business Segment, Beiersdorf confirmed previous guidance of flat to slightly growing organic sales.
On profitability, Beiersdorf now expects an EBIT margin excluding special factors of at least 11...