Beiersdorf flags softer 2026 outlook on cost and FX pressures

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil extends surge on wider Middle East conflict, Strait of Hormuz closure Gold dips, reverses course as stronger dollar weighs amid Iran conflict Gold price surge after Iran attack could fade, Pepperstone says Dollar surges to over five-week high on U.S.-Iran escalation; euro, sterling slip FLASH SALE (South Africa Philippines Nigeria) FLASH SALE Beiersdorf flags softer 2026 outlook on cost and FX pressures By Vahid Karaahmetovic Author Vahid Karaahmetovic Earnings Published 03/03/2026, 02:53 AM Beiersdorf flags softer 2026 outlook on cost and FX pressures 0 BEIG 0.00% Investing.com -- Beiersdorf expects muted growth in 2026, citing raw material costs and currency headwinds. The Nivea maker said it sees 2026 net sales coming in flat to slightly higher on an organic basis. According to RBC Capital Markets, this was below the consensus expectations of 3.7% growth. The company also expects its EBIT margin excluding special factors to be slightly below the 2025 level. Get InvestingPro for deeper corporate earnings insight Management also flagged a soft start to the year, noting that first-quarter performance is likely to fall below the full-year range due to disruptions in the U.S. retail channel and China travel retail. For 2025, organic sales rose 2.5% to €9.9 billion, while full-year EBIT excluding special factors edged up to €1.38 billion from €1.37 billion a year earlier. Growth at Nivea remained modest, with organic sales up 0.9%. “Growth at NIVEA slowed in a challenging mass-market environment. This is why we have initiated a focused rebalancing of the NIVEA portfolio to restore momentum over time,” CEO Vincent Warnery said. The company said the recalibration effort began in the second half of 2025 and that changes to innovation and marketing investment will continue through 2026 and 2027. Beiersdorf also announced a share buyback of up to €750 million over the next two years. Analysts at RBC Capital Marke...