EQS-Adhoc: Beiersdorf Aktiengesellschaft: Beiersdorf achieves strong sales growth in Q1 2023 and raises sales guidance for 2023

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EQS-Ad-hoc: Beiersdorf Aktiengesellschaft / Key word(s): Development of Sales/Change in Forecast
Beiersdorf Aktiengesellschaft: Beiersdorf achieves strong sales growth in Q1 2023 and raises sales guidance for 2023

05-Apr-2023 / 13:49 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Beiersdorf achieves strong sales growth in Q1 2023 and raises sales guidance for 2023

 

According to its preliminary figures, Beiersdorf Aktiengesellschaft, Hamburg, Germany, achieved a substantial organic Group sales increase of 12.2% (sales of €2,482 million) in the first quarter of 2023, above the current expectations of the capital market. Organic sales in the Consumer business segment increased by 14.8% year-on-year (sales of €2,057 million). The tesa business segment reported organic sales growth of 0.9% (sales of €425 million).

 

As a result of the good business performance, Beiersdorf now expects organic sales growth in the mid- to high-single-digit range for both the Group and the Consumer business segment in fiscal year 2023 (previously: mid-single-digit range in each segment). Organic sales growth in the mid-single-digit range is still expected for the tesa business segment.

 

In respect of the EBIT margin, the previously published forecast for the full year 2023 remains unchanged.

 

The quarterly statement for January to March 2023 will be released on 26 April 2023.


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

05-Apr-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


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: DAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1602161

 
End of Announcement EQS News Service

1602161  05-Apr-2023 CET/CEST

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