Henkel First Quarter Sales Increase by 4%
Henkel recently reported first quarter 2012 sales of €4,008 million (~ $5,099 million), an increase of 4.8% compared to the prior-year quarter. The Adhesive Technologies business sector reportedly continued its solid sales and earnings performance through the first quarter of 2012. Sales increased by 6.2% to €2,001 million (~ $2,546 million). Organic sales rose by 5.6%. Adjusted operating profit in the sector grew 16.9% to €289 million. Adjusted return on sales improved by 1.3 percentage points to 14.4%.
“Henkel had a good start to the fiscal year in spite of a challenging and volatile market environment,” said Kasper Rorsted, CEO. “We achieved solid organic growth and substantially improved our profitability. All of our business sectors contributed to this achievement. Once again our emerging markets registered a strong development. Thus, we are confident of achieving our targets for 2012.”
For additional information, visit www.henkel.com.