Beiersdorf Ag · XETR:BEI
Beiersdorf — Q1 2015 Earnings Presentation
17 slides from Beiersdorf's earnings presentation, May 7, 2015
Slide 1: Results Q1 2015
Eucerin laprairie Hansaplast tesa’ a Beiersdorf RESULTS Q1 2015 May 7, 2015
Slide 2: Disclaimer
DISCLAIMER Some of the statements made in this presentation contain forward-looking information that involve a number of risks and uncertainties. Such statements are based on a number of assumptions, estimates, projections or plans that are inherently subject to significant risks, as well as uncerta
Slide 3: Key Figures – Group
KEY FIGURES – GROUP Jan. – Mar. 2014 Jan. – Mar. 2015 Change nominal like-for-like mill. € mill. € in % in % Sales 1,596 1,706 6.9 0.7 EBIT 235 255 Profit after Tax 166 181 Earnings per Share in € 0.72 0.79 EBIT* 235 255 Profit after Tax* 166 181 EBIT Margin* 14.7% 15.0% Profit after Tax Margin* 10.
Slide 4: Key Figures – tesa
KEY FIGURES – tesa Jan. – Mar. 2014 Jan. – Mar. 2015 Change nominal like-for-like mill. € mill. € in % in % Sales* 273 295 8.1 0.4 EBIT* 42 51 EBIT Margin* 15.5% 17.2% * Excluding special factors. Results Q1 2015 May 7, 2015 | Page 4
Slide 5: Consumer Sales Growth
CONSUMER SALES GROWTH (Sales growth in % on a like-for-like basis) 2014 2015 6.3% 5.0% 4.8% 4.2% 0.7% Q1 H1 9M FY Q1 Results Q1 2015 May 7, 2015 | Page 5
Slide 6: Consumer EBIT
CONSUMER EBIT 678 (in mill. € / % of sales) 529 367 193 204 14.6%* 14.5% 13.9% 13.5% 13.0% Q1 14 Q1 15 H1 14 9M 14 FY 14 EBIT numbers excluding special factors * Including non-recurring income of €10 million from the sale of real estate Results Q1 2015 May 7, 2015 | Page 6
Slide 7: Consumer Sales per Region
CONSUMER SALES PER REGION Jan. – Mar. 2014 Jan. – Mar. 2015 Change Allocation nominal like-for-like mill. € mill. € in % in % in % Western Europe 588 587 -0.1% -2.1% 41.6% Eastern Europe 136 130 -4.5% 9.9% 9.2% North America 93 119 28.1% 5.3% 8.4% Latin America 135 153 13.8% 9.4% 10.9% A/A/A 371 422
Slide 8: Europe
EUROPE Taking Pricing Successfully took pricing across Europe Intense discussions with many trade partners slowing growth in Q1 Significant catch-up in Q2 Results Q1 2015 May 7, 2015 | Page 8
Slide 9: China
CHINA Right-Sizing Strong sales push in last year’s Q1 means a challenging basis for 2015 Beiersdorf’s China operations have been transformed into one new company with an increasingly decentralised market approach Radical pruning of local assortment in Q1 2015 Quality of sales increasing Res
Slide 10: Blue Agenda
BLUE AGENDA BLUE AGENDA KEY DRIVERS Brand Innovation Markets People Results Q1 2015 May 7, 2015 | Page 10
Slide 11: Brand
BRAND Results Q1 2015 May 7, 2015 | Page 11
Slide 12: Innovation NIVEA Care
INNOVATION NIVEA CARE Value Market Entry Newest innovation in Cremes from NIVEA Extensive research for five years New technology: Hydrodispersion with improved performance – light hydro- wax smoothly blended in emulsifier-free texture Intensive care without greasiness Results Q1 2015 May 7
Slide 13: Innovation NIVEA Men
INNOVATION NIVEA MEN Value Market Entry NIVEA revolutionises male skin care with the first Creme of its kind for men Quick and easy care for face, body and hands thanks to its fast-absorbing formula Unique packaging and design Results Q1 2015 May 7, 2015 | Page 13
Slide 14: Gaining Size in India
GAINING SIZE IN INDIA Results Q1 2015 May 7, 2015 | Page 14
Slide 15: Guidance 2015
GUIDANCE 2015 Sales development on a like-for-like basis Profit development on an operative basis Consumer Sales growth 3-5% Total Group EBIT margin slightly above previous year Sales growth 3-5% EBIT margin slightly above tesa previous year Sales growth 3-5% PAT margin slightly above pr
Slide 16: Questions and Answers
CONFERENCE CALL RESULTS Q1 2015 Questions and Answers Results Q1 2015 May 7, 2015 | Page 16
Slide 17: How to Contact Investor Relations
HOW TO CONTACT INVESTOR RELATIONS Beiersdorf Website www.Beiersdorf.com IR-Hotline Tel: +49 (0) 40 4909 5000 Fax: +49 (0) 40 4909 18 5000 Email: Investor.Relations@Beiersdorf.com Results Q1 2015 May 7, 2015 | Page 17