EANS-Adhoc: Henkel AG & Co. KGaA
Start into first quarter restrained
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Start into first quarter restrained
08.04.2009
Start into first quarter restrained
The start of 2009 saw the challenging world economic situation continue and this was reflected in Henkel´s business performance. While the Laundry & Home Care and Cosmetics/Toiletries businesses continue to develop very successfully, the Adhesive Technologies business sector has been affected by the worldwide difficult situation of major industry segments.
According to preliminary figures the effects of the worldwide economic crisis have resulted in an organic sales decrease of around 7 percent. Operating profit (EBIT) declined from 320 million euros to about 215 million euros, while total sales increased by around 3 percent to about 3.25 billion euros. This increase is mainly due to the acquisition of the National Starch businesses.
Sales of the Adhesive Technologies business sector decreased organically by about 19 percent. Total sales increased by around 7 percent to about 1.46 billion euros due to the businesses acquired from National Starch, while operating profit (EBIT) decreased from 150 million euros to about 45 million euros. In contrast, the Laundry & Home Care business sector increased operating profit (EBIT) from 100 million euros to about 105 million euros. At 1.01 billion euros, sales were slightly below prior-year level. Organically, sales increased slightly. The Cosmetics/Toiletries business sector increased sales organically by a good 3 percent. With sales slightly up to about 720 million euros, operating profit (EBIT) also increased disproportionately from 87 million euros to around 90 million euros.
Henkel will inform in more detail on the development in the first quarter when publishing its Q1 report on May 6, 2009.
Henkel AG & Co. KGaA
end of announcement euro adhoc
Further inquiry note:
Heinz Nicolas
Tel.: +49 (0)211 797-4516
E-Mail: heinz.nicolas@henkel.com
Branche: Consumer Goods
ISIN: DE0006048432
WKN: 604843
Index: DAX, CDAX, HDAX, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade
Börse Berlin / regulated dealing