05.01.17
Henkel’s sales in the fiscal year 2016 reached a new record level and grew by 3.5% to $19.7 billion (€18.7 million). The positive effect from acquisitions and divestments amounted to 4.0%, mainly as a result of the acquisition of The Sun Products Corporation.
All business units reported solid organic sales growth, according to Henkel. Sales in the Beauty Care business unit grew organically by 2.1% and the Laundry & Home Care business unit recorded organic sales growth of 4.7%.
“(It) was a very successful year for Henkel. In a challenging market environment, we achieved again new record levels for sales and earnings and met our financial targets for the fiscal year. We delivered a high quality of earnings. For the first time, we reached an adjusted operating profit of more than three billion euros,” said Henkel CEO Hans Van Bylen. “In September, we closed the acquisition of Sun Products, which was the second-largest transaction in our company’s history. This marks a major step for Henkel and substantially strengthens our Laundry & Home Care business in North America. Looking at the current fiscal year, Van Bylen said he expected organic sales growth of 2-4%.
All business units reported solid organic sales growth, according to Henkel. Sales in the Beauty Care business unit grew organically by 2.1% and the Laundry & Home Care business unit recorded organic sales growth of 4.7%.
“(It) was a very successful year for Henkel. In a challenging market environment, we achieved again new record levels for sales and earnings and met our financial targets for the fiscal year. We delivered a high quality of earnings. For the first time, we reached an adjusted operating profit of more than three billion euros,” said Henkel CEO Hans Van Bylen. “In September, we closed the acquisition of Sun Products, which was the second-largest transaction in our company’s history. This marks a major step for Henkel and substantially strengthens our Laundry & Home Care business in North America. Looking at the current fiscal year, Van Bylen said he expected organic sales growth of 2-4%.
