Adhesives Magazine

Henkel Reports First Quarter 2010 Sales

May 6, 2010
Henkel reports that the company generated sales of 3,512 million euros in the first quarter.

Henkel has reported that, in the first quarter of 2010, the company generated sales of 3,512 million euros. In a recovering market environment, this constitutes an increase of 7.8% compared to the figure for the prior-year quarter. After adjusting for foreign exchange, sales rose by 7.5%. Organically, i.e. after adjusting for foreign exchange, acquisitions and divestments, the increase was 8.8%, representing the first significant rise against a prior-year period for four quarters.

 

Sales of the Adhesive Technologies business sector exceeded by 12.4% the level of the first quarter of 2009, rising to 1,651 million euros. Adhesive Technologies reported double-digit organic growth amounting to 14.5%, due in large part to substantial volume increases.



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