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Henkel’s Sales Rise 3.5% in 2016

Beauty care, laundry and home report solid organic growth.

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By: Christine Esposito

Editor-in-Chief

At €18.7 million (approximately $19.7 billion), Henkel’s sales in the fiscal year 2016 reached a new record level and grew by 3.5% compared to the previous year. Adjusted for foreign exchange effects, sales grew by 7.1%, the company said.   The positive effect from acquisitions and divestments amounted to 4.0%, mainly as a result of acquiring The Sun Products Corporation. Organic sales, which exclude the impact of foreign exchange and acquisitions/divestments, showed a solid increase of 3.1%. ...

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