By Helena Smolak
Beiersdorf shares slumped after its after-tax profit fell for the full year.
At 0820 GMT on Thursday, shares of Beiersdorf traded 3.8% lower at EUR132.45, their lowest level in the past two months.
The German personal-care products maker said profit after tax was 749 million euros ($811.9 million), down from EUR771 million the previous year and below FactSet consensus estimates of EUR893 million.
Write to Helena Smolak at helena.smolak@wsj.com
(END) Dow Jones Newswires
02-29-24 0343ET