August 6, 2019 / 5:48 AM / 15 days ago

Beiersdorf confirms guidance for 2019

BERLIN, Aug 6 (Reuters) - German consumer goods firm Beiersdorf confirmed its outlook for 2019 on Tuesday, although sales growth slowed somewhat in the second quarter.

First-half sales came in at 3.837 billion euros ($4.30 billion), a rise of 4.8% after stripping out currency effects and acquisitions, compared to 6% in the first quarter.

Beiersdorf confirmed its guidance for 2019 for group sales growth of 3-5%, and an operating margin of 14-14.5% in its core consumer business unit.

Reporting by Emma Thomasson Editing by Thomas Seythal

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