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Beiersdorf Aktiengesellschaft (BDRFY) Q2 2026 Earnings Call Transcript

Beiersdorf Aktiengesellschaft ETR: BEI reported a weaker first half of 2026 as continued pressure at NIVEA outweighed growth in its Derma and Healthcare businesses. The company lowered its full-year outlook for its consumer segment and group sales, while outlining an 18-month plan intended to restore NIVEA to sustainable growth.

Nivea-maker Beiersdorf said conflict in the Middle East is disrupting ​both sales and deliveries in key Gulf markets, ‌highlighting how geopolitical tensions continue to affect consumer-goods companies operating in the region.

Beiersdorf trimmed ​its guidance ‌on Monday and now ​expects ​an organic sales ⁠decline ​in the ​low-single digit percentage range this ​year.