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Markets :: Specialty Chemicals :: Adhesives and sealants
Henkel's Adhesives Earnings Rise on Improved Volumes
4:13 AM MDT | May 5, 2010 | Kerri Walsh
Henkel’s adhesives technologies first-quarter results jumped because of “substantial volume increases,” and cost saving measures. Operating income almost quadrupled, to €185 million ($240 million), on sales up 12%, to €1.7 million. All businesses and regions contributed to sales growth, Henkel says. Asia-Pacific, Africa/Middle East, Latin America, and Eastern Europe “performed above average, and there were also substantial increases in sales in the mature markets Western Europe and North America,” the company...
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