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Henkel Eyes Cuts After Q4 Slump

Cites higher raw material costs and challenging market conditions.

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By: TOM BRANNA

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In an effort to boost profit margins, Henkel says it will embark on a campaign to cut costs and boost its profit margins after fourth-quarter results came in below expectations. “Henkel intends to further adapt its structures to the constantly changing market conditions while maintaining its strict cost discipline,” it said, citing a challenging economic environment and high raw material costs. The group, whose brands include Persil detergent in most of Europe and Schwarzkopf h...

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