The third-quarter profit of Henkel increased by seventy percent
The German retail consumer goods manufacturer Henkel's profits increased by 70 percent in the third quarter of 2009, thanks to lower restructuring costs.
According to the preliminary datas Henkel’s third quarter sales were 3.49 billion euros, compared to the same period of last year’s 3.76 billion.
However, the company's net profit rose to 172 million euros from last year’s 101 million.
The company's operating profit (EBIT) is 290 million euros, containing the restructuring costs, which amounted to 95 million euros. After adjusting these items, the operating profit (adjusted EBIT) declined from 391 million euros to 385 million – reports profitline.hu.
Related news
Related news
National research: it turns out that this is what Hungarian mothers want
According to a nationally representative survey conducted on the occasion…
Read more >Visit Hungary: around seven hundred thousand people rested in Hungary during spring break
The desire to travel did not wane even after Easter,…
Read more >Six thousand people participated in the Feed Your Mind Sustainability Challenge
Nestlé for Healthier Kids and Okos Doboz’s joint educational initiative,…
Read more >