henkel
German chemicals and consumer goods giant Henkel AG on Friday raised its sales and earnings outlook for 2024 after a strong first-quarter performance. Adjusted earnings per preferred share are expected to increase in the range of 15% to 25% at constant exchange rates, up the initial March estimate of 5% to 20%. Organic sales growth is now expected between 2.5% and 4.5% above the previous range of 2% to 4%. Expected growth in the adhesive technologies segment has been reaffirmed between 2% and 4%. The guidance for consumer brands has increased to between 3% and 5%, from between 2% and 4%. Adjus...
DPA
German chemicals and consumer goods giant Henkel AG on Friday raised its sales and earnings outlook for 2024 after a strong first-quarter performance. Adjusted earnings per preferred share are expected to increase in the range of 15% to 25% at constant exchange rates, up the initial March estimate of 5% to 20%. Organic sales growth is now expected between 2.5% and 4.5% above the previous range of 2% to 4%. Expected growth in the adhesive technologies segment has been reaffirmed between 2% and 4%. The guidance for consumer brands has increased to between 3% and 5%, from between 2% and 4%. Adjus...
DPA International
German chemicals and consumer goods giant Henkel AG on Friday raised its sales and earnings outlook for 2024 after a strong first-quarter performance. Adjusted earnings per preferred share are expected to increase in the range of 15% to 25% at constant exchange rates, up the initial March estimate of 5% to 20%. Organic sales growth is now expected between 2.5% and 4.5% above the previous range of 2% to 4%. Expected growth in the adhesive technologies segment has been reaffirmed between 2% and 4%. The guidance for consumer brands has increased to between 3% and 5%, from between 2% and 4%. Adjus...
DPA Breaking News
The German chemical and consumer goods firm, Henkel, posted on Monday a drop in full-year sales, as foreign exchange rates and the sell off of its Russian business negatively impacted its balance sheet. For the 12-month period, Henkel recorded adjusted operating income at €2.556 million ($2.77 million), higher than €2.319 billion last year, mainly due to positive selling price developments. Excluding items, however, return on sales or adjusted EBIT margin was 11.9%, up from previous year's 10.4%. Group sales amounted €21.514 billion, down 3.9% from prior year. Foreign exchange effects negative...
DPA
The German chemical and consumer goods firm, Henkel, posted on Monday a drop in full-year sales, as foreign exchange rates and the sell off of its Russian business negatively impacted its balance sheet. For the 12-month period, Henkel recorded adjusted operating income at €2.556 million ($2.77 million), higher than €2.319 billion last year, mainly due to positive selling price developments. Excluding items, however, return on sales or adjusted EBIT margin was 11.9%, up from previous year's 10.4%. Group sales amounted €21.514 billion, down 3.9% from prior year. Foreign exchange effects negative...
DPA International
The German chemical and consumer goods firm, Henkel, posted on Monday a drop in full-year sales, as foreign exchange rates and the sell off of its Russian business negatively impacted its balance sheet. For the 12-month period, Henkel recorded adjusted operating income at €2.556 million ($2.77 million), higher than €2.319 billion last year, mainly due to positive selling price developments. Excluding items, however, return on sales or adjusted EBIT margin was 11.9%, up from previous year's 10.4%. Group sales amounted €21.514 billion, down 3.9% from prior year. Foreign exchange effects negative...
DPA Breaking News
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