Adhesives Magazine

HENKEL ANNOUNCES INCREASED SALES AND EARNINGS (3/2/09)

March 2, 2009

Henkel recently announced the following sales increases and earnings:
  • Strong sales growth of 8.1% to €14.1 billion
  • Organic sales growth of 3.0%
  • Adjusted operating profit*: +9.1% to €1.495 million
  • Adjusted earnings per preferred share*: +3.2% to €2.26
  • Sales in growth regions: +3 percentage points to 37% of total
  • Proposed dividends kept at prior-year levels
“Despite the difficult economic environment, we sustained our very good position in 2008,” said Henkel CEO Kasper Rorsted. “Once again, all our business sectors were able to outperform their respective markets, with our businesses in the emerging markets making a particularly strong contribution.

“At the beginning of 2008, we initiated a global efficiency enhancement program in early response to the increasing economic difficulties encountered in the market. With this and the acquisition of the National Starch businesses, we have been able to sustainably strengthen our competitiveness. Moreover, our heightened focus on our strategic priorities is already beginning to yield benefits.”

For more information, visit www.henkel.com/ir.

*Before purchase price allocation.