Consumer goods maker Henkel is considering temporarily bringing back more “home offices” (including telecommuting) to save gas. “We could then significantly reduce the temperature in the offices, while our employees could heat their homes to the normal degree,” Henkel CEO Carsten Knobel told the “Rheinische Post” newspaper yesterday. He also said the group could use […]
Tag: Henkel AG
Henkel: Expects lower profit margin, the stock is falling 8%
Henkel’s stock plunged 8% after announcing it expected lower profit margins this year as raw material prices rose due to the war in Ukraine. The German group of consumer goods now expects that the margin of adjusted profits before taxes and interest will be 9% -11% from the previous estimate of 11.5% -13.5%. Adjusted earnings […]
Henkel: It will continue to operate in Russia for the time being
Henkel will continue to operate in Russia for the time being, the president of the German consumer goods group said on Monday, adding that the company’s activities in the country are subject to restrictions. “This is sometimes very critical of the public. Therefore, it is important for me to stress that we are fully implementing […]
Henkel: 4.2% increase in sales and adjusted EBIT in 2021
Henkel achieved organic sales of approximately € 20.1 billion in the financial year 2021. This represents an organic increase in sales of 7.8% compared to 2020. The significant recovery in demand in the industrial and hairdressing products sector was particularly positive effect. In the consumer goods sector, demand in many categories returned to more normal […]
Henkel: Sales increased in the quarter
Henkel AG announced a quarterly increase in sales, although ongoing issues in raw materials and supply have led it to now expect profits to be at the bottom of the estimate. The German consumer goods company stressed that sales increased 1.9% to 5.09 billion euros, and increased 3.5% on an organic basis, mainly thanks to […]