Breaking News

Henkel Issues Positive Report

November 14, 2005

The Henkel Group, Düsseldorf, Germany, reported an increase of 12.4% in operating profit for the third quarter of 2003 after adjusting for foreign exchange effects.

According to executives, sales rose 3.8% after adjusting for foreign exchange effects. Before adjustment, sales were level from the previous year, at $2.9 billion.

“Despite the encouraging profit increase in the third quarter, we intend to continue working on the optimization of our businesses in order to permanently strengthen our earning power,” said Dr. Ulrich Lehner, president and chief executive officer.

Net earnings for the quarter increased 13.1% to $150.4 million compared to the previous year’s third quarter. Preferred share earnings rose 12.3%, from $0.90 to $1.01, Henkel executives said.
blog comments powered by Disqus
  • ‘Lash’-ing Out!

    ‘Lash’-ing Out!

    Christine Esposito, Associate Editor||August 29, 2016
    All eyes are on Lash Star Beauty, a lash-centric beauty brand that recently made its QVC debut.

  • Long Term Sustainability In the Nonwovens Market

    Long Term Sustainability In the Nonwovens Market

    August 23, 2016
    Learn more at Cleaning Products USA, Nov. 9-11, 2016

  • Fro Yo!

    Fro Yo!

    Tom Branna, Editorial Director||August 22, 2016
    Project Beauty dishes out Hairgurt, a line of vitamin-rich hair shampoos and conditioning masques.