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Henkel Posts Solid Start to Fiscal 2011

Sales jump 9% to $5.6 million for Q1.

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By: TOM BRANNA

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Henkel’s sales in the first quarter of 2011 rose 9% to $5.6 million. According to the company, this positive development was supported by all Henkel business sectors. Due in particular to strong volume increases, Laundry & Home Care generated growth of 1.6%, while the Cosmetics/Toiletries sector rose 5.7%. “Despite the challenging market environment, Henkel reports a solid start to the financial year. We achieved very good organic sales growth, once again outperforming our relevant marke...

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