Financial News

Business Grows at Henkel

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By: TOM BRANNA

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Henkel’s sales in the fiscal year 2016 reached a new record level and grew by 3.5% to $19.7 billion (€18.7 million). The positive effect from acquisitions and divestments amounted to 4.0%, mainly as a result of the acquisition of The Sun Products Corporation.  All business units reported solid organic sales growth, according to Henkel. Sales in the Beauty Care business unit grew organically by 2.1% and the Laundry & Home Care business unit recorded organic sales growth of 4.7%. “(...

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