Beiersdorf Q3 Sales Growth Slightly Misses Expectations as Nivea Weighs
Beiersdorf said organic sales fell 1.3% in July-September, slightly below Vara consensus, as temporary weakness in retailer sales weighed on Nivea.
German consumer goods maker Beiersdorf XETR:BEI marginally missed market expectations for third-quarter sales growth on Tuesday, as temporary weakness in sales to retailers weighed on its Nivea brand.The company said organic sales were down 1.3% in the July-September period, slightly below a Vara c…