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Beiersdorf (BEI) investor relations material
Beiersdorf Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Group organic sales grew 2.0% to €7.5 billion in the first nine months of 2025, with Q3 showing 1.7% growth despite challenging markets.
Derma segment delivered double-digit growth, while NIVEA and La Prairie showed mixed results but gained momentum from new launches.
Major launches, including NIVEA Epicelline, Derma Control, and Eucerin innovations, began in September, driving strong early traction.
La Prairie returned to growth in Q3, supported by China and e-commerce, and expanded into India.
tesa segment delivered 2.0% organic growth YTD, with electronics strong in Asia and a new CEO appointed.
Financial highlights
Group net sales reached €7.5 billion for Jan–Sep 2025, up 2.0% organically but nearly flat nominally.
Consumer and tesa divisions both grew 2.0% organically; Derma up 12.3%, Health Care up 8.8%, NIVEA up 0.6%.
E-commerce sales surged 16.6% YTD and 19.2% in Q3.
La Prairie saw a 7.2% organic sales decline over nine months but returned to 1.6% growth in Q3.
NIVEA posted modest growth, with September up 7.8% due to new launches.
Outlook and guidance
Full-year 2025 organic sales growth guidance for Consumer and Group adjusted to around 2.5%.
EBIT margin for Consumer segment expected to improve by 20 basis points over 2024’s 13.4%, excluding special factors.
Group EBIT margin projected slightly above last year’s 13.9%, excluding special factors.
tesa guidance: 1%-3% organic sales growth, EBIT margin around 16%.
Q4 growth expected to be driven by recent launches and core business reinforcement.
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