Company DescriptionBeiersdorf Aktiengesellschaft engages in the manufacture and distribution of consumer goods in Europe, the Americas, Africa, Asia, and Australia. It operates in two segments, Consumer Business and Tesa Business. The Consumer Business Segment offers skin and body care products. The Tesa Business segment provides adhesive tapes and self-adhesive products and system solutions for industries, craft businesses, and consumers. This segment offers its system solutions to the automotive, electronics, printing and paper, and building and construction industries. It offers its products under the NIVEA, Eucerin, La Prairie, Labello, Hansaplast, 8x4, FLORENA, Coppertone, HIDROFUGAL, GAMMON, SKIN STORIES, FLORENA FERMENTED SKINCARE, STOP THE WATER WHILE USING ME, CHAUL, TESA, O.W.N., Chantecaille, Elastoplast, CURITAS, and Beiersdorf brands. The company was founded in 1882 and is headquartered in Hamburg, Germany. Beiersdorf Aktiengesellschaft is a subsidiary of maxingvest ag.
How the Company Makes MoneyBeiersdorf generates revenue primarily through the sale of its personal care products across various markets globally. The company's revenue model is based on direct sales to consumers through retail channels, including drugstores, supermarkets, and online platforms. Key revenue streams include its flagship brand NIVEA, which accounts for a significant portion of sales, as well as other brands like Eucerin and La Prairie that target specific segments such as dermatological and luxury skincare. Beiersdorf also engages in strategic partnerships and collaborations with retailers to enhance product distribution and visibility. Additionally, the company invests in marketing and brand promotion to maintain customer loyalty and drive sales growth. Economic factors, consumer trends, and innovations in product formulations also play crucial roles in influencing its earnings.