Beiersdorf Q1 2026 revenue fell 7.7% YoY to €2.484 bn, missing the €2.53 bn forecast.
After‑hours share price dropped 5.24% to €74.93, near a 52‑week low and 39% decline YTD.
Derma grew 8.2% organically, helped by Eucerin up 87% in China; Nivea fell 7% and La Prairie down 14.9% amid US/China disruptions.
Management cited foreign‑exchange headwinds, Middle‑East logistics issues and retailer pricing disputes as key risks, while maintaining FY2026 guidance of €11.47 bn revenue.