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
  • Cosmetic Chemists Head to Orlando Next Month

    Cosmetic Chemists Head to Orlando Next Month

    September 26, 2016
    Organizing Chair Guy Padulo explains why you should attend the IFSCC Congress.

  • Restoring Rembrandt

    Restoring Rembrandt

    Christine Esposito, Associate Editor||September 26, 2016
    Ranir LLC has acquired Rembrandt, an iconic name in teeth whitening, and plans to make it a staple in the value segment.

  • Active Agents

    Active Agents

    September 19, 2016
    On the surface, surfactants may seem staid, but the market, and the supplier activity driving it, is bubbling.

  • Back to School

    Back to School

    Tom Branna, Editorial Director||September 1, 2016
    It may be September, but class was in session this summer during the Private Label Manufacturers Association’s Executive Educ

  • What

    What's In Your Formula?

    Christine Esposito, Associate Editor||September 1, 2016
    A look at the ingredients beauty brands are using to fuel their formulations and capture consumers’ attention.

  • A Sweet-Smelling Sanctuary

    A Sweet-Smelling Sanctuary

    Melissa Meisel, Associate Editor||September 1, 2016
    Home fragrance is enhanced by aromatic developments in delivery and components.