Beiersdorf Ag · XETR:BEI
Beiersdorf — Q1 2024 Earnings Presentation
12 slides from Beiersdorf's earnings presentation, Apr 16, 2024
Slide 1: Q1 Results 2024
Q1 RESULTS 2024 Hamburg, April 16, 2024 Vincent Warnery, Astrid Hermann
Slide 2: Consumer with Strong Start
REVIEW Q1 2024 CONSUMER WITH STRONG START LUXURY SEGMENT BACK TO GROWTH Consumer +12.6% +10.2% +1.5% +1.0% NIVEA DERMA HEALTHCARE LA PRAIRIE +10.0% -5.4% Group +7.3% Page 2 April 16th, 2024 | Beiersdorf | Q1 Results 2024 Organic sales growth; NIVEA includes Labello
Slide 3: NIVEA Leads the Way
REVIEW Q1 2024 - NIVEA EUROPE AND EMERGING MARKETS NIVEA LEADS THE WAY +13% EU +14% EM Sales Growth +12.6% 50% Price 50% Volume Page 3 April 16th, 2024 | Beiersdorf | Q1 Results 2024 Organic sales growth; NIVEA includes Labello
Slide 4: Win with Skin Care
REVIEW Q1 2024 - NIVEA WIN WITH SKIN CARE FACE CARE +12% SUN Doubling Q1 +23% vs. PY Luminous630 – Superior Growth Page 4 April 16th, 2024 | Beiersdorf | Q1 Results 2024 Sales development on an organic basis
Slide 5: Derma: Double-Digit Growth
REVIEW Q1 2024 – DERMA DOUBLE-DIGIT GROWTH DERMA COMING SOON SUN Q1 TURNING BACK +36% THE SKIN’S “AGE CLOCK” WHITE SPACE EXPANSION FACE US Page 5 April 16th, 2024 | Beiersdorf | Q1 Results 2024 Sales development on an organic basis
Slide 6: Luxury Turnaround
REVIEW Q1 2024 - LUXURY TURNAROUND LUXURY CHINA gaining momentum Q1 +14% Destocking: Finished in Q1 Back to Growth in Q1 Acceleration in H2 Page 6 April 16th, 2024 | Beiersdorf | Q1 Results 2024 Sales development on an organic basis
Slide 7: Q1 2024 Financials
Q1 2024 FINANCIALS
Slide 8: Key Figures Q1 2024: Group
KEY FIGURES Q1 2024 GROUP 2023 2024 January – March January – March Change in € million in € million Nominal Organic Consumer 2,057 2,207 +7.3% +10.0% tesa 424 397 -6.5% -5.4% Group 2,481 2,604 +5.0% +7.3% Page 8 April 16th, 2024 | Beiersdorf | Q1 Results 2024
Slide 9: Key Figures Q1 2024: Consumer Regions
KEY FIGURES Q1 2024 CONSUMER REGIONS Organic Sales Growth Europe +10.7% Eastern 972 North America Western Europe Europe +1.4% +12.4% 279 +10.3% Americas 204 768 +6.2% 615 Latin America Africa, Asia & +10.6% Australia 336 +12.4% 620 Page 9 April 16th, 2024 | Beiersdorf | Q1 Results 2024 Organic sales
Slide 10: tesa: Challenging Q1 in Electronics
Electronics Structural bonding in an entirely new light Challenging Q1 Slowdown in Asia and North-America in Electronics and Electrical Systems Confident for Full Year 2024 on the back of Automotive great innovations - Guidance confirmed The future of the industry: Human Machine Interfaces Page 10 A
Slide 11: Guidance 2024
OUTLOOK GUIDANCE 2024 Consumer • Organic sales growth 6-8% • EBIT margin +50bps vs previous year tesa 2023 data for reference (excluding special factors): • Organic sales growth 2–5% Consumer EBIT 12.9% • EBIT margin at previous year’s level tesa EBIT 16.0% Group EBIT 13.4% Assumptions Total Group •
Slide 12: Thank You
THANK YOU