Beiersdorf Gulf sales disrupted by Middle East conflict

Beiersdorf, the maker of Beiersdorf — Nivea, reported that the ongoing Middle East conflict is disrupting sales and deliveries in key Gulf markets, specifically Saudi Arabia and the United Arab Emirates. CEO Vincent Warnery stated that the company has been unable to deliver some products to these countries due to the conflict, impacting both costs and consumption. The company had previously warned in April that sales in parts of the Middle East were sharply affected. Beiersdorf is also monitoring oil markets closely, as higher crude prices could increase packaging and input costs, though prices have not reached feared levels. As a result, Beiersdorf trimmed its full-year outlook, citing a difficult market environment and slower-than-expected recovery at its core Beiersdorf — Nivea brand.