Financial News

Home Care Boosts Sales at Henkel

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By: TOM BRANNA

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Driven by exceptional gains in home care, Henkel’s third quarter sales rose 8.4% to $4.9 billion. Corporate organic sales rose 3.2%. By unit, laundry and home care organic sales rose 5.5%; beauty organic sales rose 2.1% and adhesive sales increased 2.3%. After one-time charges, one-time gains and restructuring charges, adjusted operating profit improved 12.3% from $834 million. For the full year, management expects corporate organic growth of 3%. Organic sales growth in laundry and home care ...

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