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MarketScreener Homepage  >  Equities  >  Xetra  >  Beiersdorf Aktiengesellschaft    BEI   DE0005200000

BEIERSDORF AKTIENGESELLSCHAFT

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Beiersdorf : acquires STOP THE WATER WHILE USING ME!

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02/05/2020 | 08:31am EDT

STOP THE WATER WHILE USING ME! has been pursuing a clear mission since 2011: 'protect, save and donate water.' With refillable systems and biodegradable skin care products, the brand systematically practices sustainability and promotes the responsible use of water resources. The product range comprises solid, waterless body and hair care products as well as shower, hand, body and oral hygiene items. STOP THE WATER WHILE USING ME! complements Beiersdorf's portfolio in the natural cosmetics segment and further bolsters the company's sustainable focus as part of its C.A.R.E.+ strategy. Business operations of the natural cosmetics brand will continue to be managed independently.

'STOP THE WATER WHILE USING ME! will strengthen the Beiersdorf brand family with innovative, natural skin care and the know-how of a highly dedicated team - the brand name embodies a purpose that has been lived authentically since the label was created. We are investing in the brand's vision and ideas because we believe that we can make a difference by joining forces,' said Iain Holding, General Manager of Beiersdorf Germany/Switzerland. 'Together we can combine our complementary expertise, beliefs and talents to drive sustainability projects and skin care with true added value for both consumers and the environment. We are pleased that STOP THE WATER WHILE USING ME! has joined our Beiersdorf community and are looking forward to expanding our sustainability commitments in line with our C.A.R.E.+ strategy.'

Nina Witt, CEO of STOP THE WATER WHILE USING ME!, said: 'We believe that our partnership with Beiersdorf will be a win-win-win for all sides: for STOP THE WATER WHILE USING ME!, for Beiersdorf and, above all, for the environment - through our shared sustainable mission. Beiersdorf will provide us with a working environment where we can independently advance our purpose work, spread the message of STOP THE WATER WHILE USING ME! and maximize our sustainability ambitions with a strong partner at our side. This enables us to generate an impact with our ideas much faster.'

The press release from STOP THE WATER WHILE USING ME! can be found here.

Disclaimer

Beiersdorf AG published this content on 05 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 February 2020 13:30:02 UTC

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Sales 2020 7 768 M
EBIT 2020 1 110 M
Net income 2020 762 M
Finance 2020 3 424 M
Yield 2020 0,77%
P/E ratio 2020 26,5x
P/E ratio 2021 24,1x
EV / Sales2020 2,23x
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