Henkel posts solid 2012 sales results

German cosmetics and toiletry giant Henkel has posted a 2012 sales rise of 5.8% to €16.51bn. Adjusted operating profit climbed 15.1% to €2.34bn, with growth driven by strong results in the emerging markets, which saw organic growth of 7.8%.

“2012 was the most successful year for Henkel so far: we achieved excellent results in a highly volatile and competitive market environment and met or exceeded all financial targets,” said Henkel CEO, Kasper Rorsted. “All three Henkel business sectors showed profitable growth with expansion of market shares in their relevant markets. We also delivered on the ambitious financial targets we set in 2008 for the period up to 2012. We have substantially strengthened Henkel’s competitiveness, establishing a strong foundation for our future growth.”

Within the company’s Beauty Care business, organic sales rose by 3.1%, driven largely by emerging markets. Asia (excluding Japan) saw double digit growth thanks to strong business in China, while the Africa/Middle East region also posted double digit sales growth.

Business in North America was also strong, while sales in Europe remained at the 2011 level.

Looking ahead to the rest of 2013, Rorsted said the company expects to achieve organic sales growth between 3-5%.