05/06/2009
Henkel affected by economic downturn
• Sales increase of 3.1 percent to 3,258 million euros
• Organic sales decline of 7.0 percent
• Adjusted operating profit fell 26.1 percent to 235 million euros
• Adjusted earnings per preferred share declined 39.2 percent to 0.31 euros
“At the beginning of this new financial year, Henkel too has felt the effects of the persistently adverse economic climate, with our businesses turning in a very mixed set of results for the first quarter of 2009,” commented Kasper Rorsted, Chairman of the Henkel Management Board. “Our two consumer goods business sectors, Laundry & Home Care and Cosmetics/Toiletries, continued to perform very well, while the Adhesive Technologies business sector suffered from the challenges encountered in major customer industries worldwide.” Rorsted continued: “We are dissatisfied with our start to fiscal 2009. However, we are convinced that, as a result of our early introduction of countermeasures and based on our solid financial position, we will emerge from this still difficult economic environment stronger than before.”
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