05/05/2010
Henkel makes a good start to the year
- Sales increase by 7.8 percent to 3,512 million euros
- Organic sales growth of 8.8 percent
- Adjusted operating profit: plus 79.1 percent to 421 million euros
- Adjusted EBIT margin: plus 4.8 percentage points to 12.0 percent
- Adjusted earnings per preferred share (EPS): plus 93.5 percent
“Henkel has made a good start to the fiscal year, with all our business sectors contributing. Despite the persistently challenging environment, Laundry & Home Care and Cosmetics/Toiletries continued their successful development of recent quarters, while Adhesive Technologies also returned to robust rates of sales growth,” said Kasper Rorsted, Chairman of the Henkel Management Board, adding: “Once again our strong brands made a further major contribution to Henkel’s gratifying Q1 results. However, this very good performance is also down to our efforts in adapting our structures and reducing our costs, coupled with the good progress we have made in the implementation of our strategic priorities. Now we are looking forward to a noticeable improvement in our results of more than 15 percent for the full fiscal year versus 2009.”
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