Dusseldorf (APA / Reuters) – Currency fluctuations are a worrying Henkel, a consumer goods company that largely engages in emerging markets. The Düsseldorf Group only slightly increased sales in the third quarter. It grew by 1.1% to five billion. Biologically – ie, adjusting to exchange rate effects and acquisitions – Henkel recorded an increase of 2.7 percent.
Adjusted earnings profit (EBIT) increased by 3.3 percent to EUR 926 million, according to a statement by Pritt and Persil on Thursday. Therefore, Henkel was in line with market expectations: the analysts had forecast sales of € 5 billion and an adjusted EBIT of € 924 million.
Dusseldorfer confirmed their annual forecast, which they slightly screwed up in one of two profit goals in the second quarter. Henkel said that the adjusted earnings per share will increase by three to six percent in the current year. Biological sales are expected to grow from two to four percent. The adjusted return on sales is expected to increase by about 18 percent.
~ ISIN DE0006048432 WEB http://www.henkel.com ~ APA064 2018-11-15 / 08: 01