News

Henkel reports good start to fiscal 2015

Friday, 08 May, 2015
In a challenging environment, Henkel delivered a strong performance in the first quarter and had a good start to the fiscal year 2015
We again increased both sales and earnings. We achieved our highest quarterly sales to date, thanks to good organic sales growth, the impact of last year’s acquisitions and the strong US dollar. All business units contributed to this successful quarter. Once again, we delivered a very strong performance in our emerging markets,” said Henkel CEO Kasper Rorsted.

Commenting on the fiscal year 2015, Rorsted stated: “We expect the economic environment to remain difficult. Due to the continuing conflict between Russia and Ukraine, we still assume that the Eastern European economy will stagnate in 2015. In this context, a high degree of agility and flexibility will remain key success factors. We will therefore continue to simplify and accelerate our structures and processes.”

2015 guidance confirmed
Rorsted confirmed the outlook for the current fiscal year: “We expect to achieve organic sales growth of 3 to 5 percent in 2015. We expect adjusted return on sales to increase to around 16 percent and anticipate an increase in adjusted earnings per preferred share of approximately 10 percent.”

  • Sales: +12.7% to 4,430 million euros (organic: +3.6%)
  • Operating profit*: +14.1% to 707 million euros
  • EBIT margin*: +0.2 percentage points to 16.0%
  • Earnings per preferred share* (EPS): +13.5% to 1.18 euros
  • Very strong sales growth in emerging markets: Organic +7.7%

 

 * Adjusted for one-time charges/gains and restructuring charges

more information: henkel.com

source: henkel.com
photo: henkel.com

tagi: Henkel , finances ,