Glossary

A listed company is obliged to publish any information impacting on its share price without delay. This is usually done in the form of a so-called 'ad hoc', when the information is disclosed besides the normal reporting.

Shareholders exercise their rights, including their right to vote, at the Annual General Meeting. Every share entitles the holder to one vote. The Ordinary Annual General Meeting is held once a year – usually within the first six months of each fiscal year. For information on the Annual General Meeting of Beiersdorf please click here.

A benchmark is a reference or a comparison. Usually the benchmark is a stock index or a comparable sector.

Key indicator used to assess a company’s financial position and earnings power. Cash flow is determined from the inflows and outflows of cash and cash equivalents from operating, investing, and financing activities.

Compliance means to abide to applicable laws and internal guidelines. It is the management’s responsibility to ensure Compliance.

Findings relating to the wishes and needs of consumers. They are a key basis for developing new ideas and products.

Corporate Governance means responsible company management and supervision that aims to achieve long-term value enhancement. It increases the transparency of the statutory and company-specific conditions for the management of listed companies and hence promotes the confidence of investors, customers, employees, and the general public in this regard. To learn more about Corporate Governance at Beiersdorf please click here.

Umbrella term used to denote the responsibility exercised by companies towards society, which encompasses economic, ecological and social issues. For more information on sustainability at Beiersdorf please click here.

German equity index compiled by Deutsche Boerse that tracks the share price performance of the 30 leading German listed stock corporations, including Beiersdorf AG.

The members of the Executive and the Supervisory Boards of listed German corporations are obliged to disclose the transactions of shares in the company. Under German law, any such dealings must be disclosed if they exceed EUR 5,000 during the calendar year. For more information please click here.

A dividend is the proportion of the profit distributed by a company that is attributable to a single share. A 10-year overview of the dividend per share of Beiersdorf is available here.

A financial ratio that shows how much a company pays out in dividends relative to its share price. Dividend yield is calculated by dividing the dividend by the share price and then multiplying it by 100.

Earnings before interest and taxes.

Earnings before interest, taxes, depreciation, and amortization/impairment.

Ratio of equity to total assets. Indicates a company’s financial strength and therefore its economic stability.

A financial ratio showing the cash flow remaining in the reporting period after deducting the net cash funds used for investing activities.

The proportion of shares issued by a company that is in principle available for stock exchange trading.

A financial ratio expressing the level of net debt to its equity capital.

IFRS = International Financial Reporting Standards. IAS = International Accounting Standards. Standards issued by the International Accounting Standards Board (IASB). Under the EU IAS Directive, listed companies in Europe must prepare their accounting and reporting in accordance with these standards.

Abbreviation that is used for identification of securities traded at stock exchanges. ISIN for Beiersdorf is DE 0005200000.

Market capitalization denotes a company’s stock market value. It is calculated by multiplying the current share price by the number of outstanding shares.

Operating result means the same as EBIT. Please find the definition above.

The proportion of earnings paid to shareholders. Payout ratio is calculated by dividing the total dividends paid by the net profit.

The place at which goods are bought (by the consumer) or sold (by the retailer).

Retained earnings refers to the portion of net income which is retained by the corporation rather than distributed to its owners as dividends.

A financial ratio showing the proportion of net profit to shareholders' equity.

For example the DAX is an index for the largest German companies. Some of the best known indices are the Dow Jones (USA), the MSCI World, the NASDAQ (technology stocks in USA) and the Nikkei Index (Japan).

Reconciliation of income and expenses recognized in the income statement and changes in comprehensive income for the period that are recognized directly in equity, including deferred taxes.

TSR expresses the overall return that the investor earns (share price gain + dividends). Please find the total return calculator here.

A financial measure for a company's efficiency. Working capital is calculated as follows: inventories + trade receivables - trade payables.