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Beiersdorf Reports Record Umsatz in 2023

Led by Tesa's 15% Growth

Umsatz Reached 5700 Mio with Strong Profitability

Hamburg, March 2023 – Beiersdorf has announced record Umsatz for 2023, continuing its successful growth trajectory. Despite a challenging market environment, the company achieved an Umsatz of 5700 Mio, an increase of 9.1% over the previous year's 6274 Mio.

Tesa, Beiersdorf's adhesive technology business, was a major contributor to the growth, reporting an impressive 15% organic increase in Umsatz. The company's focus on innovation and sustainability initiatives has driven its success in the fast-growing market for adhesive solutions.

Beiersdorf's strong performance in 2023 builds on a period of sustained growth for the company. In the first half of the year, Group sales increased organically by 12.3%, driven by strong demand for its Nivea skin care, Eucerin dermocosmetics, and La Prairie luxury skincare brands. The company's investment in digitalization and e-commerce has also contributed to its continued success.