Henkel reports Euro 5.037 billion sales in Q3 2018

  • Industry News
  • Jan 01,19
Germany-based Henkel has registered sales of Euro 5,037 million in the third quarter of 2018 – a growth 1.1 percent compared to the prior-year quarter. Organic sales, which exclude the impact of currency effects and acquisitions/divestments, showed a good increase of 2.7 percent. The contribution from acquisitions and divestments amounted to 1.6 percent.
 Henkel reports Euro 5.037 billion sales in Q3 2018

Germany-based Henkel has registered sales of Euro 5,037 million in the third quarter of 2018 – a growth 1.1 percent compared to the prior-year quarter. Organic sales, which exclude the impact of currency effects and acquisitions/divestments, showed a good increase of 2.7 percent. The contribution from acquisitions and divestments amounted to 1.6 percent. 
 
“Henkel delivered a good development in the third quarter. In a continuously challenging market environment with currency headwinds and higher material prices, we further increased sales, earnings and profitability. All three business units contributed to the positive development. The overall good organic sales growth was mainly driven by our Adhesive Technologies business unit. Also, in our consumer goods businesses we increased sales organically,” said Hans Van Bylen, CEO, Henkel.
 
Hans Van Bylen added, “In the first nine months of fiscal 2018 we faced an overall difficult economic environment. Negative currency effects reduced group sales by more than Euro 900 million in this period. Nevertheless, we continued to deliver profitable growth. We are committed to further drive the implementation of our strategic priorities.” 
 
Adhesive Technologies reported a strong organic increase in sales of 3.8 per cent. Beauty Care registered positive organic sales growth of 0.5 per cent. Laundry & Home Care reported a good increase in organic sales of 2.5 per cent. 
 
The emerging markets again made an above-average contribution to the organic growth of the Group, with a very strong increase in organic sales of 6.8 percent. With an organic sales development of -0.1 percent, the mature markets were almost at the level of the prior-year quarter.

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