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Henkel delivers significant organic sales growth in the first quarter
- Group sales increase organically by +7.1 percent to around 5.3 billion euros; nominal +6.1 percent:
- Adhesive Technologies generates double-digit organic sales growth of +10.7 percent; nominal +11.6 percent
- Beauty Care with slightly negative organic sales development of -1.2 percent; nominal -3.5 percent, due to implementation of planned portfolio measures
- Laundry & Home Care records very strong organic sales growth of +4.9 percent; nominal +2.2 percent
- Emerging markets with double-digit sales growth, mature markets with strong growth
- Merger of Laundry & Home Care and Beauty Care business units into integrated multi-category platform Henkel Consumer Brands:
- Strengthening growth momentum and margin profile in the consumer business
- Significant synergies: around 500 million euros gross savings targeted in the mid term
- First phase of measures to be implemented by the end of 2023: around 250 million euros annualized net savings expected, around 2,000 jobs affected worldwide
- Portfolio measures for businesses with total annual sales of up to 1 billion euros under review
- Outlook for fiscal 2022 updated on April 29
- Clear commitment to mid- to long-term financial ambition
Finding Opportunity in Every Experience: An Interview With Senthil Pichandi
Senthil Pichandi, Vice President, Global Product Safety & Regulatory Affairs, shares how his background and culture has shaped how he views the world. As a mentor to the next generation of leaders, he reinforces the importance of celebrating what makes us unique and taking the time to teach and learn about others to create a more inclusive and equitable world.
Schneider Electric and Henkel collaborate to accelerate decarbonization across the supply chain
Long-time customer-supplier partners Henkel and Schneider Electric, both global leaders in sustainability, have worked together for many years to drive progress toward the shared goal of decarbonization. Schneider Electric has been leading decarbonization efforts, targeting an achievement of net zero CO2 emissions for 100% of its operations (scope1, 2) by 2030. Henkel has a similar corporate goal — to be climate-positive by 2030.
Henkel Opens New Technical Application Center in Silicon Valley to Foster Next-Generation Electronics Development
Henkel today announced the opening of its Application Center in Santa Clara, CA designed to support product development for the company’s high-tech customers in the Silicon Valley region.
Deng combines STEM and Law in her patent work at Henkel
Senior patent counsel Jenny Deng considers herself a “deep-down STEM person.” With degrees in chemistry, physics and law, she uses her synthesized knowledge on a daily basis in her role. Read the interview in the Winter 2021/2022 issue of STEM Workforce Diversity Winter 2021/2022. (e-ditionsbyfry.com)
Henkel achieves significant organic sales growth in the first quarter and updates full-year guidance for 2022
- Group sales increase organically by +7.1 percent to around 5.3 billion euros
- Adhesive Technologies: double-digit organic growth of +10.7 percent
- Beauty Care: slight organic decline of -1.2 percent
- Laundry & Home Care: very strong organic growth of +4.9 percent
- Updated outlook for fiscal 2022 – extraordinarily strong rising costs for direct materials & logistics and significant effects from the exit of business activities in Russia and Belarus expected
- Organic sales growth: +3.5 to +5.5 percent
- Adjusted return on sales (EBIT margin)*: between 9.0 and 11.0 percent
- Adjusted earnings per preferred share (EPS)* at constant exchange rates: decline in the range from -35 to -15 percent
Henkel recognized as one of America’s Best Employers for Diversity 2022 by Forbes
For the second year in a row Henkel recognized as one of America’s Best Employers for Diversity 2022 by Forbes. The Best Employers for Diversity were chosen based on an independent survey of over 60,000 employees working for companies employing at least 1,000 people in their U.S. operations.
Henkel to exit its business in Russia
Against the background of the current developments of the war in Ukraine, Henkel has decided to exit its business activities in Russia. The execution process is now being prepared. Henkel will work closely with its teams in Russia on the details to ensure an orderly process. In the meantime, Henkel’s 2,500 employees in Russia will continue to be employed and paid. The expected financial impact for Henkel resulting from the planned exit cannot be quantified at this time.
High Thermal Conductivity TIM from Henkel Addresses Reliability Demands Across Digital Applications
Staying ahead of thermal management requirements for increasingly challenging datacom, telecom and industrial automation applications, Henkel announced the commercialization of its latest gel thermal interface material (TIM), BERGQUIST® LIQUI FORM TLF 10000.