The third quarter performance of the hottest Germa

2022-07-24
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Henkel's third quarter performance rebounded steadily

Henkel's recently released financial report showed that the company's business showed a positive growth trend in the third quarter on the basis of stopping the decline in the first half of this year. In the third quarter, the operating profit (EBIT) increased by 51.8% year-on-year, from 191million euros to 290million euros; Net income increased by 68.2% from € 107million to € 180million

Luoside, chairman of Henkel Management Committee, said: "our detergent and home care business has achieved excellent results. Based on the excellent performance in recent quarters, the sales data of cosmetics/beauty products business has made another breakthrough in narrowing the gap with developed countries, and the adhesive business has further improved compared with previous quarters." Roth also disclosed that "the performance in the fourth quarter is encouraging, which is mainly due to our stable market and the structural and cost adjustment plan"

it is understood that Henkel's cash flow performance is strong, and its net debt is further reduced by about 700million euros compared with the end of the second quarter of 2009; Good progress has also been made in the area of working capital management. Compared with the second quarter of this year, the sales volume of the company in the Asia Pacific region has the advantages of wide measurement range, high precision, compact structure, convenient operation and stable performance, with an increase of 438million euros, slightly higher than the level of the same period last year, accounting for 12% of the total global sales

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