in this issue
Chemical Week Magazine :: Business & Finance :: Europe/Mideast
Henkel reports higher profits; sells coatings unit to Altana
7:00 AM MDT | August 9, 2013 | —Natasha Alperowicz
Henkel reports a 6.7% increase in second-quarter net profit, to €432 million ($577.2 million), on sales 2% higher, at €4.29 billion. Adjusted operating profit was up 8.2%, to €660 million, and the Ebit margin advanced 0.9 percentage points, to 15.4%. The share of sales in emerging markets rose substantially, reaching 45% for the first time. The company says that the market environment remains challenging but confirms its earlier guidance for 2013. “We expect organic sales growth to be between 3% and 5% in the full fiscal year. We expect our...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee