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Beiersdorf AG
Earnings Release • Jul 6, 2020
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Earnings Release
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News Details
Ad-hoc | 6 July 2020 15:54
Beiersdorf Aktiengesellschaft: Impact of the coronavirus pandemic on sales performance in the first half of 2020
Beiersdorf Aktiengesellschaft / Key word(s): Development of Sales
Beiersdorf Aktiengesellschaft: Impact of the coronavirus pandemic on sales performance in the first half of 2020
06-Jul-2020 / 15:54 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.
Impact of the coronavirus pandemic on sales performance in the first half of 2020
According to preliminary figures Beiersdorf Aktiengesellschaft, Hamburg, posted a decline in Group sales of like-for-like -10.7% year on year to €3,513 million in the first half of the fiscal year due to the global coronavirus pandemic. Sales growth generated by the Consumer business segment during the first half of 2020 totaled like-for-like -10.9% (sales of €2,891 million) against the first half of the previous year. Sales growth at the tesa business segment totaled like-for-like -10.0% (sales of €622 million).
For the entire 2020 fiscal year, the business impact of the coronavirus pandemic can still not be projected with certainty.
The company’s 2020 half-year report will be released on August 6, 2020.
Contact:
Dr. Jens Geißler
Head of Investor Relations
Tel.: +49 (40) 4909 5000
Fax: +49 (40) 4909 18 5000
Inken Hollmann-Peters
Vice President Corporate Communications
Tel.: +49 (40) 4909 2001
Fax: +49 (40) 4909 2516
06-Jul-2020 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: | 1087041 |
| End of Announcement | DGAP News Service |