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DGAP-Adhoc: Beiersdorf Aktiengesellschaft: Sales growth in the first quarter of 2021 above capital markets expectations

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DGAP-Ad-hoc: Beiersdorf Aktiengesellschaft / Key word(s): Development of Sales
Beiersdorf Aktiengesellschaft: Sales growth in the first quarter of 2021 above capital markets expectations
07-Apr-2021 / 14:24 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 2021 above capital markets expectations
According to its provisional figures, Beiersdorf Aktiengesellschaft, Hamburg, achieved a substantial increase in
organic Group sales of 6.3% (sales of EUR1,945 million) in the first quarter of 2021, which is above current capital
markets expectations. Organic sales in the Consumer business segment climbed by 2.7% year-on-year (sales of EUR1,548
million), in particular driven by Beiersdorf's skin care business performing above market. The tesa business segment
gained organic sales growth of 23.6% (sales of EUR397 million) primarily as a result of strong demand in its industrial
business (Electronics and Automotive).
At this stage, a reliable full-year forecast for 2021 is still difficult in light of the limited visibility related to
the continued impact of the COVID-19 pandemic. There are no changes to the forecast published in February 2021: In
2021, Beiersdorf anticipates positive sales growth in both business segments and at Group level; the EBIT margin is
expected to remain at prior year's level in the Consumer business segment and in the Group (prior year Group: 12.9%;
prior year Consumer: 12.3%), but to fall short of the prior year in the tesa business segment (prior year: 15.4%).
The company's quarterly statement from January through March 2021 will be released on April 28, 2021.
Contact:
Dr. Jens Geißler
Head of Investor Relations
Tel.: +49 (40) 4909 5000
Fax: +49 (40) 4909 18 5000
Anke Schmidt
Head of Corporate Communications
Tel.: +49 (40) 4909 2001
Fax: +49 (40) 4909 2516
07-Apr-2021 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: kontakt@Beiersdorf.com
Internet: www.Beiersdorf.com
ISIN: DE0005200000
WKN: 520000
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin,
Dusseldorf, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1181940

End of Announcement DGAP News Service

1181940 07-Apr-2021 CET/CEST

END) Dow Jones Newswires

April 07, 2021 08:25 ET ( 12:25 GMT)
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