But the question is does the given guidance reflect realism or management’s wishful thinking? Beiersdorf needs open shops (DIY & retail stores) and travellers to whom to sell its products as the online distribution channels remain somewhat underdeveloped. The guidance seems to us like a strong bet on Asian markets, especially on China as we see the tide is turning.
28 Oct 2020
Not bad in Q3
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Not bad in Q3
Beiersdorf AG (BEI:WBO), 0 | Beiersdorf AG (BEI.EUR:SWX), 0 | Beiersdorf AG (BEI:ETR), 0 | Beiersdorf AG (0DQ7:LON), 0 | Beiersdorf AG (BDRFF:OTC), 0 | Beiersdorf AG (BEI:SWX), 0 | Beiersdorf AG (1BEI:MIL), 0
- Published:
28 Oct 2020 -
Author:
Martin Schnee -
Pages:
2
But the question is does the given guidance reflect realism or management’s wishful thinking? Beiersdorf needs open shops (DIY & retail stores) and travellers to whom to sell its products as the online distribution channels remain somewhat underdeveloped. The guidance seems to us like a strong bet on Asian markets, especially on China as we see the tide is turning.