Company News, Financial News

Henkel Issues Positive Report

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By: TOM BRANNA

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The Henkel Group, Düsseldorf, Germany, reported an increase of 12.4% in operating profit for the third quarter of 2003 after adjusting for foreign exchange effects. According to executives, sales rose 3.8% after adjusting for foreign exchange effects. Before adjustment, sales were level from the previous year, at $2.9 billion. “Despite the encouraging profit increase in the third quarter, we intend to continue working on the optimization of our businesses in order to permanently strengthe...

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