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Markets :: Specialty Chemicals :: Adhesives and sealants
Henkel's Adhesives Unit Reports Increased Sales and Profits
10:32 AM MST | March 8, 2012 | Sotirios Frantzanas
Henkel says that sales and operating profits (Ebit) at its adhesives business increased 4.2% and 16.3% in fourth-quarter 2011, to €1.88 billion ($2.49 billion) and €235 million, respectively. The adhesives Ebit margin also increased by 1.4 percentage points, to 12.5% in the fourth quarter of 2011, the company says. Henkel expects the challenging economic environment to remain in fiscal 2012. "It is significantly more volatile today than in the past. As a consequence we need to constantly adapt in order to respond quickly and flexibly to...
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