Beiersdorf Ag · XETR:BEI
Beiersdorf — Q1 2026 Earnings Presentation
20 slides from Beiersdorf's earnings presentation, Apr 21, 2026
Slide 1: Q1 2026 Results
Q1 2026 RESULTS Hamburg, April 21, 2026 Astrid Hermann, Vincent Warnery
Slide 2: First Quarter in Line with Expectations
FIRST QUARTER IN LINE DERMA OUTPERFORMANCE WITH EXPECTATIONS CONTINUES LA PRAIRIE NET SALES IMPACTED CHALLENGED NIVEA PERFORMANCE BY RETAIL DISRUPTIONS SELL-OUT DYNAMICS IMPROVING
Slide 3: First Quarter Performance in Line with Expectations
FIRST QUARTER PERFORMANCE IN LINE WITH EXPECTATIONS CONSUMER GROUP - 4.7% - 4.6% Q1 2026 NIVEA DERMA HEALTHCARE LA PRAIRIE TESA -7.0% + 8.2% + 1.9% -14.9% - 4.3% organic sales growth, NIVEA incl. Labello
Slide 4: Derma Outstanding
DERMA OUTSTANDING HIGH SINGLE DIGIT GROWTH Q1 +8.2% organic sales growth
Slide 5: Innovation & White Spaces Across Regions
INNOVATION & WHITE SPACES ACROSS REGIONS NORTH BRAZIL CHINA AMERICA +7.0% >2x +87% organic sales growth, Q1 2026
Slide 6: La Prairie Q1 Affected by Retail Disruptions
LA PRAIRIE Q1 AFFECTED BY RETAIL DISRUPTIONS RETAIL SALES EXCL. DISRUPTIONS Q1 9% NET SALES Q1 + -14.9% organic sales growth
Slide 7: NIVEA Continues to Weather Challenging Markets
NIVEA CONTINUES TO WEATHER CHALLENGING MARKETS GLOBAL MASS MARKET (VOLUME) 4.1% 0.5% 0.1% FY FY L3M Feb 2024 2025 2026 volume market development
Slide 8: Unfavorable Net Sales Dynamics
UNFAVORABLE NET SALES DYNAMICS PRIOR YEAR COMP Q1 -7.0% TRADE CONFLICTS INNOVATION PHASING CORE PORTFOLIO organic sales growth, NIVEA incl. Labello
Slide 9: Key Innovation on Track
KEY INNOVATION ON TRACK NIVEA EPICELLINE SELL-IN REPURCHASE RATE SELL-OUT
Slide 10: NIVEA Strategy Recalibration
NIVEA STRATEGY RECALIBRATION REBALANCING THE PORTFOLIO FACE + BODY, ACCESSIBLE LOCALIZATION DEO FACE CARE WITHIN A FRAME
Slide 11: NIVEA Strategy Recalibration
NIVEA STRATEGY RECALIBRATION GAINING TRACTION BODY CARE DEO LUMINOUS GLOW EMERGING MARKETS EUROPE EMERGING MARKETS
Slide 12: Improved Sell-Out Dynamics
IMPROVED SELL-OUT DYNAMICS SELL-OUT 1.4% 1.7% YTD FEB 1.2% +1.7% -0.3% -1.6% Q1 Q2 Q3 Q4 YTD Feb 2025 2026 sell-out growth, NIVEA incl. Labello
Slide 13: China White Space
CHINA WHITE SPACE ACCELERATION ACROSS BRANDS NET NET RETAIL SALES SALES SALES + 33% + 87% + 12% Q1 organic sales growth in China
Slide 14: tesa
TESA ELECTRONICS HIGH PRIOR-YEAR BASE Q1 - 4.3% AUTOMOTIVE OUTPERFORMANCE IN DECLINING MARKET CONSUMER organic sales growth STRONG E-COMMERCE
Slide 15: Q1 2026 Financials
Q1 2026 FINANCIALS
Slide 16: Group Net Sales
GROUP NET SALES Q1 2026 Q1 2025 CHANGE IN € MILLION IN € MILLION NOMINAL ORGANIC CONSUMER 2,077 2,250 -7.7% -4.7% TESA 407 441 -7.7% -4.3% GROUP 2,484 2,691 -7.7% -4.6%
Slide 17: Consumer Regions
Slide 18: Consumer Regions
Slide 19: Guidance 2026
GUIDANCE 2026 2025 data for reference CONSUMER (excluding special factors): Consumer EBIT margin 13.6% Net sales flat to slightly growing organically tesa EBIT margin 16.1% Group EBIT margin 14.0% EBIT margin* slightly below previous year TESA Net sales flat to slightly growing organically EBIT marg
Slide 20: Thank You
THANK YOU