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DGAP-Ad-hoc: Beiersdorf Aktiengesellschaft / Key word(s): Development of Sales 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 €1,945 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 €1,548 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 €397 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. |
| 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 |
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1181940 07-Apr-2021 CET/CEST
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