Beiersdorf Navigates Turbulent Tariff Waters Amidst Market Challenges
Beiersdorf, the maker of Nivea, saw its shares drop 10% following a reduction in its 2025 sales growth forecast due to economic volatility and consumer anxiety fueled by U.S. tariffs. The company mitigated some impacts by shipping products earlier, while negotiations with the U.S. are ongoing.
Nivea-maker Beiersdorf faced a 10% drop in share prices after revising its 2025 growth forecast downwards, citing challenging market conditions exacerbated by U.S. tariff measures.
The company attributed this cautious outlook to economic volatility and consumer spending hesitance linked to U.S. tariff policies. Beiersdorf now projects a 3% growth, a reduction from the previous 4%-6% range.
Efforts to offset the tariff impact included early shipments to the United States, minimizing immediate effects. Beiersdorf remains hopeful for positive outcomes from ongoing U.S.-Switzerland negotiations regarding tariff changes.
(With inputs from agencies.)
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