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Hamburg (dpa / lno) - The Hamburg consumer goods and cosmetics manufacturer Beiersdorf is holding its first general meeting on Thursday (10.30 a.m.) after its descent from the top league of Deutsche Börse.

Since the profit in the Corona year 2020 also fell significantly, discussions with the shareholders could possibly arise at this online event.

After a good twelve years in the German Dax share index, Beiersdorf was replaced by the energy technology company Siemens Energy at the beginning of March and is now in the MDax of the medium-sized stock market stocks.

Beiersdorf sees itself with an enterprise value of around 20 billion euros in the safe middle of the Dax 30 scale, but was eliminated because the total value of the freely tradable shares - 39 percent of the share portfolio - is no longer in the top 30.

Beiersdorf had already presented its business figures for the Corona year 2020 in mid-February.

After that, sales shrank by 8.2 percent compared to 2019 to 7.025 billion euros.

The group profit collapsed by 19.3 percent to 636 million euros.

© dpa-infocom, dpa: 210401-99-50063 / 2