Henkel's Adhesives Business Posts Higher Sales and Profits

Henkel's adhesives business achieved a 9% increase in third-quarter 2011 adjusted operating profits compared with the corresponding period of 2010, to €291 million on sales up 4%, to €2 billion. The increases reflect higher volumes and selling prices, Henkel says. Henkel's third-quarter group adjusted operating profits, consisting of laundry and home care, cosmetics and toiletries, and adhesives, increased 5%, to €541 million on sales up 2%, to €4 billion. "Despite the challenging market environment, we outperformed once again our...

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