Beiersdorf AG Reports Strong Sales Growth in 2024

Beiersdorf AG, parent company of the Beiersdorf Group, has released its financial results for the first quarter of 2024, reporting strong sales growth across its entire brand portfolio.

Key Figures

• Sales growth of 4.5% compared to the same period in 2023
• Growth driven by strong performance in skincare and cosmetics
• Net income increased by 6.3% to €292 million
• EBITDA margin of 16.5%, up from 16.2% in Q1 2023

Beiersdorf AG is the world's largest skincare brand and a fast-growing beauty company. The company's portfolio includes NIVEA, Eucerin, La Prairie, and other well-known brands.

The company's strong start to 2024 is a testament to the success of its strategic focus on innovation, sustainability, and customer-centricity. Beiersdorf AG has invested heavily in research and development, and has launched a number of new products in recent years that have been well-received by consumers.

The company's commitment to sustainability is also reflected in its financial results. Beiersdorf AG has reduced its carbon footprint by 25% since 2013, and is on track to achieve its goal of becoming climate-neutral by 2030.

The company's strong financial performance is expected to continue in the coming quarters. Beiersdorf AG has a solid pipeline of new products and initiatives, and is well-positioned to capitalize on the growing global demand for skincare and beauty products.