Henkel reports strong Q2 results

Henkel has announced a sales rise of 6.4% in Q2 2012 to total €4,206m, with profitable growth recorded in all sectors.

Organic sales rose by 4%, which excludes the impact of foreign exchange and acquisitions. All three business sectors also generated profitable growth with Cosmetics/Toiletries registering an increase of 2.8%; Laundry & Home Care rising by 5.1%; and Adhesive Technologies growing by 3.6%.

Henkel ceo Kasper Rorsted said: “Henkel continued its good performance in the second quarter, despite a difficult market environment. We generated profitable growth in all our business sectors and posted a substantial increase in our EBIT margin. The solid results achieved in the second quarter also reflect our persistent focus on our strategic priorities. We have thus taken an important step towards achieving our targets for 2012.”

Looking ahead to Henkel’s 2012 targets, Rorsted added: “Based on our solid performance in this first half year, we are confident of achieving our targets for 2012. We expect organic sales growth to be between 3-5% and to increase adjusted EBIT margin to 14%.”