Henkel AG & Co. KGaA

HEN

Equity

ISIN DE0006048408 / Valor 335914

Xetra (2025-03-14)

EUR 67.55-0.37%

Henkel AG & Co. KGaA
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About company

Henkel AG & Co. KGaA is a global leader in both industrial and consumer businesses, holding leading market positions with its brands, innovations, and technologies. The company operates through two main segments: Adhesive Technologies and Consumer Brands. The Adhesive Technologies segment is the global market leader in adhesives, sealants, and functional coatings for industrial applications, as well as for craftsmen and consumers. The Consumer Brands segment offers a wide range of products in the areas of laundry and home care, beauty care, and hair care, with a strong presence in many markets and categories worldwide. Henkel's portfolio includes well-known, high-quality products that play a significant role in the daily lives of millions of people, driving changes across various industries. With over 145 years of experience, Henkel focuses on innovation and sustainability, aiming to enrich lives every day and for future generations.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Revenue Growth

In the third quarter of 2024, Henkel AG & Co. KGaA reported a consolidated revenue of approximately 5.5 billion euros, marking a strong organic growth of 3.3%. This increase was driven by favorable pricing and an overall positive volume development at the group level. Nominally, the revenue rose by 1.0% compared to the same quarter of the previous year.

Adhesive Technologies Performance

The Adhesive Technologies division achieved a strong organic revenue growth of 3.7% in the third quarter of 2024. This growth was supported by a robust volume development, while price levels remained stable compared to the previous year. The division's revenue reached 2.8 billion euros, a nominal increase of 3.3% from the prior year.

Consumer Brands Growth

Henkel's Consumer Brands division recorded a good organic revenue increase of 2.7% in the third quarter of 2024, driven by a strong pricing component. However, the nominal revenue was 1.6% lower than the previous year, totaling 2.653 billion euros, due to negative currency effects and portfolio optimization measures.

Regional Performance

In the third quarter of 2024, Henkel's organic revenue growth was supported by regions such as Europe, IMEA, Asia/Pacific, and Latin America. Conversely, North America experienced a decline in organic revenue across both business divisions. The strong performance in other regions helped offset this decline.

Outlook for 2024

Henkel AG & Co. KGaA reaffirmed its revenue and earnings forecast for the fiscal year 2024, with an increased likelihood of reaching the upper half of the earnings guidance range. The company remains confident in its growth agenda and expects 2024 to be another successful year, supported by strategic investments and sustainability initiatives.

Summarized from source with an LLMView Source

Key figures

1.70%1Y

5.55%3Y

9.13%5Y

Performance

23.2%1Y

18.9%3Y

22.2%5Y

Volatility