Regions :: Western Europe
Adhesives boost Henkel’s fourth-quarter results
10:32 AM MDT | March 19, 2013
Henkel 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 Henkel’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, with Ebit 25%...
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