Douglas cuts full-year sales guidance

June 18 (Reuters) - German beauty company Douglas AG cut its full-year sales guidance on Thursday.

The company lowered its net sales forecast range, which is now 4.58 billion euros ($5.25 billion) to 4.63 billion euros, from a previous forecast for 4.65 billion to 4.8 billion range.

Douglas also lowered its adjusted EBITDA margin projections to around 15.0% from around 16.0%.

At the same time, the company raised its net leverage ratio forecast range to 3.0-3.5x from 2.5-3.0x.

Shares were down 6.1% at 1452 GMT following the outlook adjustment.

In the press release, Douglas CEO Sander van der Laan said that "consumer behaviour and market dynamics have changed significantly."

Geopolitical and macroeconomic uncertainty led to delays in customer purchasing decisions in the European premium beauty market, said the company.

($1 = 0.8718 euros)

(Reporting by Simon Ferdinand EibachEditing by Miranda Murray)