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HomeStock MarketBeiersdorf Aktiengesellschaft (BDRFY) Q3 2025 Earnings Call Transcript

Beiersdorf Aktiengesellschaft (BDRFY) Q3 2025 Earnings Call Transcript

Beiersdorf Aktiengesellschaft (OTCPK:BDRFY) Q3 2025 Earnings Call October 23, 2025 2:30 AM EDT

Company Participants

Christopher Sheldon – Head of Investor Relations
Vincent Warnery – CEO & Chairman of the Executive Board
Astrid Hermann – CFO & Member of Executive Board

Conference Call Participants

Patrick Folan – Barclays Bank PLC, Research Division
Celine Pannuti – JPMorgan Chase & Co, Research Division
Jeremy Fialko – HSBC Global Investment Research
Guillaume Gerard Delmas – UBS Investment Bank, Research Division
Ulrike Dauer
Bernadette Hogg
Anna Westkämper
Jean-Olivier Nicolai – Goldman Sachs Group, Inc., Research Division
Mikheil Omanadze – BNP Paribas Exane, Research Division
Tom Sykes – Deutsche Bank AG, Research Division

Presentation

Operator

Ladies and gentlemen, welcome to the Q3 Results 2025 Conference Call of Beiersdorf AG. I’m Moritz, the Chorus Call operator. [Operator Instructions] And the conference is being recorded. The presentation will be followed by a question-and-answer session. [Operator Instructions] The conference must not be recorded for publication or broadcast.

At this time, it’s my pleasure to hand over to Christopher Sheldon, Head of Investor Relations. Please go ahead, sir.

Christopher Sheldon
Head of Investor Relations

Good morning, everyone, and thank you for joining us for our third quarter conference call. I’m here with our CEO, Vincent Warnery; and our CFO, Astrid Hermann. As always, we will start with the presentation of our sales performance of the quarter and the first 9 months of the year, followed by a Q&A session.

And with that, I’d like to hand over to Vincent.

Vincent Warnery
CEO & Chairman of the Executive Board

Thank you, Christopher, and good morning, everyone. Thank you for joining our conference call. Astrid and I will provide an overview of our sales performance and key developments of the third quarter and the first 9 months of the year.

The third quarter continued to be impacted by a very


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