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Douglas upbeat on Europe's premium beauty market despite luxury slowdown

UPDATE 3-Douglas upbeat on Europe's premium beauty market despite luxury slowdown Adds comments from conference call in paragraph 2, 4, 8, cosmetics makers' results in paragraph 3 By Eva Orsolya Papp and Andrey Sychev GDANSK, Aug 14 (Reuters) - Douglas DOU1.DE is betting on the European premium beauty market to keep growing despite a wider luxury market slowdown , the German perfume and cosmetics retailer said after it posted higher quarterly core earnings on Wednesday.
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Barclays, Ibstock, London Stock Exchange

EUROPE RESEARCH ROUNDUP-Barclays, Ibstock, London Stock Exchange Aug 8 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Barclays, Ibstock and London Stock Exchange, on Thursday. HIGHLIGHTS * Barclays BARC.L : HSBC raises target price to 310p from 290p * Ibstock IBST.L : Berenberg raises target price to 200p from 150p * London Stock Exchange LSEG.L : HSBC raises target price to 9,400p from 8,800p * Persimmon PSN.L : JP Morgan raises
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Europe's STOXX 600 jumps 1% on banks-led recovery; Novo Nordisk slumps

UPDATE 2-Europe's STOXX 600 jumps 1% on banks-led recovery; Novo Nordisk slumps For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Novo Nordisk logs steepest decline since Aug 2022 Puma slumps after narrowing FY profit outlook Continental up after Q2 results beat Just Eat Takeaway top STOXX 600 gainer after rating upgrade Roche considering divesting $1.9 bln cancer data startup- FT STOXX 600 up 1.5% Updated at 1550 GMT By Ankika Biswas and
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Beiersdorf CEO Says He Would Be Disappointed If Lower End Of Guidance Is Reached

BRIEF-Beiersdorf CEO Says He Would Be Disappointed If Lower End Of Guidance Is Reached Aug 7 (Reuters) - BEIERSDORF AG BEIG.DE : BEIERSDORF CFO ON CALL - WHERE IN GUIDANCE OF 6-8% FY GROUP SALES WILL FALL, WILL BE IMPACTED BY PERFORMANCE OF LA PRAIRIE BEIERSDORF CEO ON CALL - WOULD BE DISAPPOINTED IF WE REACH THE LOWER END OF OUR GUIDANCE Further c
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Nivea maker Beiersdorf slides after margin miss

BUZZ-Nivea maker Beiersdorf slides after margin miss ** Shares of Beiersdorf BEIG.DE slip around 4% to their lowest since November after the Nivea maker's H1 margin missed expectations ** H1 EBIT margin came in at 16.2% margin versus 17.1% in VA consensus, Stifel says, outpointing also a Q2 organic sales miss in Consumer business ** "Weakness at La
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Beiersdorf misses profit forecast, says slow China hit luxury brand sales

UPDATE 3-Beiersdorf misses profit forecast, says slow China hit luxury brand sales Updates share move, adds Q2 growth for consumer business in paragraph 6, management comments paragraphs 11-12 By Eva Orsolya Papp and Marleen Kaesebier Aug 7 (Reuters) - Nivea maker Beiersdorf BEIG.DE missed expectations for half-year operating profit on Wednesday and said the luxury market slowdown in China had hit the sales of its La Prairie brand.
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Germany corporate earnings week ahead

DIARY-Germany corporate earnings week ahead Aug 2 (Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 05-Aug-2024 BMO IFXGn.DE Infineon Technologies AG Q3 2024 Infineon Technologies AG Earnings Release 06-Aug-2024 05:30 BAYGn.DE Bayer AG Q2 2024 Bayer AG Earnings Release 06-Aug-2024 05:00 ZALG.DE Zalando SE Q2 2024 Zalando SE Earnings Release 07-Aug-2024 NTS ENR1n.DE Siemens Energy AG Q3 2024 Siemens
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Beiersdorf invests more than 200 million euros in Leipzig Investment Center, starts construction

BRIEF-Beiersdorf invests more than 200 million euros in Leipzig Investment Center, starts construction July 11 (Reuters) - BEIERSDORF AG BEIG.DE : BEIERSDORF AG - LEIPZIG INVESTMENT CENTER INVESTMENT OF MORE THAN EUR 200 MILLION BEIERSDORF AG - CONSTRUCTION DUE TO FINISH IN 2027 Further company coverage: BEIG.DE (Gdansk Newsroom)
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Alfa Laval, Ferrari NV, Swedbank

EUROPE RESEARCH ROUNDUP-Alfa Laval, Ferrari NV, Swedbank July 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alfa Laval, Ferrari NV and Swedbank, on Tuesday. HIGHLIGHTS * Alfa Laval ALFA.ST : JP Morgan raises target price to SEK 390 from SEK 385 * Ferrari NV RACE.MI : HSBC raises target price to EUR 385 from EUR 368 * Harworth Group Plc HWG.L : Peel Hunt raises target price to 195p from 165p * Moonpig Group MOONM.L : HSBC raises
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JPM sees a 'more balanced' H1 for European Staples

BUZZ-JPM sees a 'more balanced' H1 for European Staples ** J.P.Morgan expects a "more balanced" H1 for European staples ** Says risk of challenging demand environment and growth threat from weakening pricing and worse forex market are partially offset by better margin outcome and continued volumes improvement ** Adds H1 may also highlight risks in the U.S.
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Admiral, Cucinelli, URW

EUROPE RESEARCH ROUNDUP-Admiral, Cucinelli, URW June 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Cucinelli and URW, on Thursday. HIGHLIGHTS * Admiral ADML.L : BofA Global Research raises to buy from neutral * Adriatic Metals Plc ADT1.L : Berenberg raises to buy from hold * Anglo American AAL.L : Berenberg cuts to sell from hold * Cucinelli BCU.MI : Stifel raises to buy from hold * URW URW.PA : JP Morgan raises to ne
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Green shoots for European consumption, but still below pre-covid trend - Barclays

LIVE MARKETS-Green shoots for European consumption, but still below pre-covid trend - Barclays Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at alun.john @thomsonreuters.com . GREEN SHOOTS FOR EUROPEAN CONSUMPTION, BUT STILL BELOW PRE-COVID TREND - BARCLAYS The increase in real disposable income, paired with an expected decline in interest rates is likely to uplift the household consumption in Europe, but it may sti
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China's rich ditch flashy luxury as global sales stall, says Bain

UPDATE 1-China's rich ditch flashy luxury as global sales stall, says Bain Adds Beiersdorf comment in paragraph 8 By Mimosa Spencer and Elisa Anzolin PARIS/MILAN, June 18 (Reuters) - China's richest people are avoiding flaunting their wealth in favour of more discreet fashion, according to a report published on Tuesday by Bain consultancy that predicted the weakest global luxury market since the height of the pandemic.
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Beiersdorf Maintains 2024 Guidance Amid Market Volatility

BRIEF-Beiersdorf Maintains 2024 Guidance Amid Market Volatility June 18 (Reuters) - Beiersdorf AG BEIG.DE : BEIERSDORF CEO SAYS WE ABSOLUTELY MAINTAIN 2024 GUIDANCE BUT VOLATILITY OF THE MARKET MAKES OUTLOOK DIFFICULT Further company coverage: BEIG.DE
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Beiersdorf: gaining share in shrinking China luxury skin care market

Beiersdorf: gaining share in shrinking China luxury skin care market June 18 (Reuters) - German skin care company Beiersdorf BEIG.DE said on Tuesday the luxury skin care market in China has continued to "decline strongly" during the second quarter, but the group has managed to gain more market share with its La Prairie brand. "Today we are not able to grow, we are gaining market share but in a very strongly declining market.
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AB Dynamics, Etteplan, Wise

EUROPE RESEARCH ROUNDUP-AB Dynamics, Etteplan, Wise June 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AB Dynamics, Etteplan and Wise, on Friday. HIGHLIGHTS * AB Dynamics Plc ABDP.L : Berenberg re-initiates coverage With Buy rating; PT 2,620p * Crest Nicholson CRST.L : Barclays cuts target price to 230p from 258p * Etteplan Oyj ETTE.HE : Evli Research raises to buy from hold * Halma HLMA.L : Barclays raises target price to 284
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JPM sees growth opportunities for Puig, initiates with 'overweight'

BUZZ-JPM sees growth opportunities for Puig, initiates with 'overweight' ** J.P.Morgan starts Puig PUIGb.MC with "overweight" rating citing the Spanish beauty group's strong growth opportunity among European staples ** "It is a play on the current boom in global fragrances – 4th player worldwide," JPM says and adds the company is exposed to quick
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Asmi, Beiersdorf, SSE

EUROPE RESEARCH ROUNDUP-Asmi, Beiersdorf, SSE June 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Asmi, Beiersdorf and SSE, on Friday. HIGHLIGHTS * Arcadis NV ARDS.AS : KBC Securities raises to accumulate from buy * Asmi ASMI.AS : Berenberg raises target price to EUR 720 from EUR 640 * Beiersdorf BEIG.DE : HSBC raises target price to EUR 158 from EUR 152 * Nibe Industrier AB NIBEB.ST : HSBC cuts to hold from buy * SSE SSE.L : HS
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Asmi, Beiersdorf, SSE

CORRECTED-EUROPE RESEARCH ROUNDUP-Asmi, Beiersdorf, SSE Corrects Greenyard NV entry to say KBC Securities raises target price to EUR 9.5 from EUR 8.5 (not 6.30) and Arcadis NV entry to say KBC Securities cuts (not raises) to 'accumulate' from 'buy'; raises target price to EUR 66 from EUR 61 (not 61.7 June 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Asmi, Beiersdorf and SSE, on Friday.
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Bad news priced in, Bernstein turns more constructive on European food&HPC sector

BUZZ-Bad news priced in, Bernstein turns more constructive on European food&HPC sector ** Bernstein is of opinion that short-term bad news for the European food and household & personal care (HPC) sector is priced in, and it sees little macroeconomic scenarios with further downside ** As economic growth continues slowing down while disinflation is
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