Beiersdorf Q1 Report 2022
Strong growth in a challenging market environment
- Group: Sales increase to €2.2 billion (organically +10.3%) in the first quarter of 2022
- Consumer Business segment: Sales growth to €1.8 billion (organically +11.6%)
- Positive organic growth from all brands: NIVEA +9.2%, Derma +27.5%, La Prairie +11.1%,
Healthcare +15.5% - tesa Business segment: Sales growth to €426 million (organically +5.1%)
- Outlook 2022: Slight year-on-year increase in operating EBIT margin in the Consumer segment
confirmed
Group sales totaled €2.2 billion in the first quarter, with an organic increase of 10.3%. Organic sales in the Consumer segment increased by 11.6% to €1.8 billion with growth contributions coming from all regions and all brands. Recovery was evident especially in product categories such as deodorants, facial cleansing and lip care, which had suffered the most from pandemic restrictions. The tesa segment was equally robust, generating sales of €426 million. Organic growth was thus 5.1%.