Henkel Group sales reached €21,514 million in fiscal 2023, a nominal decrease of -3.9% compared to the prior year. Foreign exchange effects negatively impacted the sales development by -4.3%. At -3.9%, acquisitions/divestments had a negative impact on sales, which was mainly due to the divestment of the business activities in Russia. Organic sales growth was very strong at 4.2%. This development was driven by a price increase in the high single-digit percentage range, while volumes declined. In the second half of the year, however, there was a clear sequential improvement in the volume development.
The Adhesive Technologies business unit generated strong organic sales growth of 3.2%, driven by the business areas of Mobility & Electronics and Craftsmen, Construction & Professional. The Consumer Brands business unit achieved very strong organic sales growth of 6.1%, driven by the Laundry & Home Care and Hair business areas.