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But organic growth rises 3.2%
August 11, 2016
By: TOM BRANNA
Editor
It was a busy second quarter for Henkel as the company announced it was acquiring Sun Products for $3.5 billion. Still, the news didn't distract Henkel too much, the company generated sales growth of 3.2%. Nominally, sales decreased 0.9% to 4.654 billion euros due to a negative foreign exchange impact of 5.3%. “We are also very excited about the acquisition of The Sun Products Corporation which we agreed on in the second quarter,” said CEO Hans Van Bylen. “This will be ...
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