IHS Chemical Week

People & Business :: Earnings/Finance

Henkel's Adhesives Unit Reports Increased Sales, Operating Profits

4:00 AM MDT | August 1, 2012 | Sotirios Frantzanas

Henkel says that the sales for the company's adhesives business increased 6.9%, to €2.1 billion ($2.58 billion), in the second quarter of 2012, compared with €1.96 billion in the second quarter of 2011. The increase in sales was driven by the launch of a number of innovative product solutions, increased prices, and a rise in sales in the emerging markets of Eastern Europe, Africa, and the Middle East, the company says. Sales volumes were slightly below the level of the 2011's corresponding period, "partly due to [their] portfolio mix and .....

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