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People & Business :: Earnings/Finance
Henkel reports higher 2012 sales and earnings, gives guidance for 2013
7:22 AM MST | March 6, 2013 | Natasha Alperowicz
Henkel today reported a 41% increase in fourth-quarter Ebit, to €492 million ($642.1 million), on 5% higher sales, at €4 billion. Fourth-quarter Ebit margin rose to 12.3% from 9.1% in the year-earlier quarter. Adjusted fourth-quarter Ebit was 8% higher, at €544 million. Sales of the adhesive technologies unit, the largest of Henkels’s 3 business units, were 7% up, at €2 billion. The unit’s Ebit was 8% higher, at €253 million, with Ebit margin flat, at 12.6%. Full-year 2012 sales were 6% higher, at €16.5 billion...
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