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May 5, 2004
By: TOM BRANNA
Editor
Duesseldorf, Germany-based Henkel posted a 4.5% quarterly profit rise on Tuesday, a shade below expectations due to decreased sales in the core home care division. Henkel, whose overall sales in the first quarter rose 2.4%, and 4.8% after currency effects, kept its forecast for an adjusted revenue increase of 3-4% for the year as a whole.Earnings before interest and tax (EBIT) at the new owner of U.S soap maker Dial totaled 175 million euros ($211 million) in the first three months of 2004, up f...
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