Henkel Group Reports Sales Increase
Posted: February 6, 2006
The Henkel Group reported sales of €11.9 million in fiscal 2005, an increase of 13% from the previous year. Growth adjusted for foreign exchange and acquisitions/divestments was 3.5%. The company’s cosmetics and toiletries sales increased 6.2% percent to €2.6 million. Operating profit improved 10.5% percent above the comparable prior-year figure."2005 was another successful year for Henkel. We generated profitable growth, further expanded our market positions and achieved our primary targets," said Ulrich Lehner, chairman of the management board of Henkel KGaA. "The introduction of numerous innovative products, strong performance in emerging markets as well as the on-schedule implementation of measures to enhance our efficiency and to reduce our networking capital all contributed to the success we achieved."