Henkel continues positive trend in third quarter

The positive development of Henkel’s consumer businesses in previous quarters continued during the third quarter of 2009. There was also a further improvement in the results of the Adhesive Technologies business sector, albeit on a significantly lower level than in the previous year.

The following preliminary figures exceed the consensus estimates of the analysts as known to Henkel at the current time.

According to preliminary figures, Henkel generated sales in the third quarter of 2009 amounting to around 3.49 billion euros. In the prior-year quarter, sales came in at 3.76 billion euros. In organic terms, that is to say adjusted for foreign exchange and acquisitions/divestments, sales decreased by 2.5 percent compared to the level of the prior-year quarter. Operating profit (EBIT) amounted to 290 million euros. Included in this figure are one-time charges and restructuring charges of 95 million euros. After adjusting for these items, adjusted operating profit (“adjusted EBIT”) fell slightly from 391 million euros to 385 million euros.