Beiersdorf has released its fiscal year 2021 financial results that showed sales increased to €7.6 billion, compared to €7.02 billion in the previous year.
Sales for the consumer business segment were €6.1 billion, compared to €5.7 billion in the previous year.
Nivea's organic sales grew 5.5% in 2021. The Luminous360 product range performed successfully.
La Prairie sales rose above average and were above pre-crisis level of 2019 by the end of 2021.
Revenue for the Eucerin and Aquaphor brands rose 19.5% in fiscal year 2021.
The first climate-neutralized Nivea products were launched in 2021, with more to follow in 2022.
Vincent Warnery, CEO of Beiersdorf AG, said, "2021 was not only a financially successful fiscal year for Beiersdorf, but also a year in which we took highly promising strategic steps to lay the groundwork for our future. We made very good progress in all areas of our C.A.R.E.+ strategy. We tapped new and attractive growth potential, enhanced our capacity to innovate, and achieved major milestones as part of our digital and sustainable transformation – despite many adverse circumstances resulting particularly from the coronavirus pandemic and higher material and transport costs.”
Astrid Hermann, CFO of Beiersdorf AG, said, "We are very satisfied about how our key financial figures have come along. We increased the Group’s profitability and demonstrated our great resilience in the face of the turbulent developments brought on by the coronavirus pandemic. Despite rising material and transport costs and large investments we made once again as part of C.A.R.E.+, our gross margin has remained largely constant.”