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