Beiersdorf AG (MEX:BEI)

MXN 2544.73 0 (0%) Market Cap: 584.88 Bil Enterprise Value: 534.14 Bil PE Ratio: 37.91 PB Ratio: 3.29 GF Score: 86/100

Q1 2021 Beiersdorf AG Corporate Sales Call Transcript

Apr 28, 2021 / 07:00AM GMT

Release Date Price: MXN2219.5

Transcript

Operator

Ladies and gentlemen, thank you for standing by. I'm Timo, your Chorus Call operator. Welcome, and thank you for joining the IR call Q1 2021. (Operator Instructions) I would now like to turn the conference over to Mr. Jens GeiÃler, Head of Investor Relations of Beiersdorf AG. Please go ahead.

Jens GeiÃ;ler

Beiersdorf Aktiengesellschaft - Head of IR & Corporate Treasurer

Thank you. Good morning, everyone, and welcome to our quarterly statements conference call. This is Jens GeiÃler.

We would like to share with you Beiersdorf's business results of the first quarter 2021. However, this will be -- will not be the only news today. Last night, we issued an ad hoc statement about the change in the Chief Executive Officer at Beiersdorf. Stefan De Loecker will hand over to Vincent Warnery as of May 1.

So here with me this morning is Stefan; and our CFO, Astrid Hermann; and also Vincent, who will briefly introduce himself during the call. As usual, Stefan and Astrid will present our numbers and the business review. They will be

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