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Beiersdorf AG
Earnings Release • Apr 8, 2022
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Earnings Release
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News Details
Ad-hoc | 8 April 2022 11:31
Beiersdorf Aktiengesellschaft: Sales growth in the first quarter of 2022 above capital markets expectations
Beiersdorf Aktiengesellschaft / Key word(s): Development of Sales
Beiersdorf Aktiengesellschaft: Sales growth in the first quarter of 2022 above capital markets expectations
08-Apr-2022 / 11:31 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Sales growth in the first quarter of 2022 above capital markets expectations
According to its provisional figures, Beiersdorf Aktiengesellschaft, Hamburg, achieved a substantial increase in organic Group sales of 10.3% (sales of €2,215 million) in the first quarter of 2022, above current capital markets expectations. Organic sales in the Consumer business segment climbed by 11.6% year-on-year (sales of €1,789 million). The tesa business segment reported organic sales growth of 5.1% (sales of €426 million).
The 2022 full-year sales forecast published in March for the Consumer business segment remains unchanged in light of the ongoing volatile market environment. Beiersdorf anticipates sales growth in the mid-single-digit range for Consumer.
Currently there are uncertainties due to the war in Ukraine, corona-driven lockdowns in China and inflationary pressure on raw material and logistics costs. Measures for mitigating this cost pressure have already been taken group-wide.
The quarterly statement for January to March including a statement on the EBIT margin forecast for 2022 will be released on April 28, 2022.
Contact:
Dr. Jens Geißler
Head of Investor Relations
Tel.: +49 (40) 4909 5000
Fax: +49 (40) 4909 18 5000
Anke Schmidt
Vice President Corporate Communications
Tel.: +49 (40) 4909 2001
Fax: +49 (40) 4909 2516
08-Apr-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Beiersdorf Aktiengesellschaft |
| Unnastraße 48 | |
| 20245 Hamburg | |
| Germany | |
| Phone: | +49 (0)40 4909-0 |
| Fax: | +49 (0)40 4909-34 34 |
| E-mail: | [email protected] |
| Internet: | www.Beiersdorf.com |
| ISIN: | DE0005200000 |
| WKN: | 520000 |
| Indices: | DAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1324125 |
| End of Announcement | DGAP News Service |