Annual Report 2022

Annual Report 2022

Description of the Business Model

Beiersdorf is one of the world’s leading companies in the consumer goods industry. Since its founding in 1882, the company has become well-established thanks to its strong brands and it now has over 20,000 employees. The Beiersdorf business is divided into two segments: The Consumer Business Segment, which focuses on skin care, and the tesa Business Segment, which concentrates on developing high quality self-adhesive systems and product solutions. A detailed description of the business model is provided in the “Business and Strategy” section in the Group Management Report.