Henkel AG & Co. KGaA
Henkel AG & Co. KGaA: Henkel expects, based on preliminary figures, organic sales growth in the first quarter 2021 significantly above current market expectations
Henkel AG & Co. KGaA / Key word(s): Development of Sales Düsseldorf, 2021-03-31T18:15+02:00 (MESZ) Based on preliminary figures, in a continued challenging economic environment Henkel expects organic sales growth (excluding the impact of currency effects and acquisitions/divestments) in the first three months of fiscal 2021 of in total around 7 percent, which is significantly above the current market expectation of around 3.5 percent (source: Visible Alpha). Against the background of the recovery in industrial demand in the first quarter and based on preliminary figures, the Adhesive Technologies business unit is expected to achieve an organic sales growth of around 12.5 percent. Henkel expects the Beauty Care business unit to record a positive organic sales growth of around 1.0 percent, in particular affected by pandemic-related market headwinds. Despite core mature markets of Laundry & Home Care starting to slow down, preliminary figures for this business unit indicate strong organic sales growth of around 3.5 percent in the first quarter. Henkel will provide further details and background in the quarterly statement for the first quarter of 2021 on May 6, 2021. Henkel AG & Co. KGaA Further information regarding financial instruments issued by Henkel
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31-March-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Henkel AG & Co. KGaA |
Henkel Str. 67 | |
40191 Düsseldorf | |
Germany | |
Phone: | +49 (0)211 797-0 |
Fax: | +49 (0)211 798-4008 |
E-mail: | press@henkel.com |
Internet: | www.henkel.de |
ISIN: | DE0006048432, DE0006048408 |
WKN: | 604843, 604840 |
Indices: | DAX |
Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange |
EQS News ID: | 1180277 |
End of Announcement | DGAP News Service |