Henkel continues on growth path with strong sales increase in third quarter
Group sales grow organically by +3.5% to around 5.1 billion euros, nominal +1.9%: – Adhesive Technologies achieves very strong organic sales growth of +7.0%, nominal +7.1% – Beauty Care records negative organic sales development of -3.0%, nominal -6.5% – Laundry & Home Care achieves good organic sales growth of +2.0%, nominal -0.8% Organic sales development mainly driven by emerging markets Henkel well above pre-crisis level: organic sales growth of +7.5% versus Q3 2019 corresponds to an average annual growth of +3.7% Outlook for fiscal 2021 updated: Sales guidance confirmed, earnings expectations at lower end of previous guidance ranges Düsseldorf, November 8, 2021 – In the third quarter of fiscal 2021, Henkel continued on its growth path and achieved Group sales of around 5.1 billion euros. This corresponds to a strong organic sales growth of +3.5 percent, driven in particular by positive pricing in all business units. The stable volume development was characterized by a normalization of demand in consumer businesses and by the ongoing recovery in industrial production. In nominal terms, sales increased by +1.9 percent.
Related news
Sustainability in the pressure of time
Sustainability is no longer just a moral issue, but an…
Read more >Vegpreneur Awards: a competition for innovative plant-based products
Entries are now open for the second Vegpreneur Awards, which…
Read more >Consumer consciousness is limited by our wallets
According to PwC’s Voice of the Consumer survey, which summarises…
Read more >Related news
Katalin Neubauer: margin stop and mall stop do not serve the interests of retail
The government has extended the margin cap and tightened the…
Read more >The GKI business climate index reached a four-month high in August
According to a survey conducted by GKI Economic Research Co.…
Read more >The government is committed to supporting domestic processing plants
New support decisions have been made in the food industry:…
Read more >