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Henkel Reports Record Financials for 2012
Posted: March 11, 2013
Reporting on its 2012 financial results, Henkel announced sales and earnings that reached record levels. The company saw a 5.8% rise in sales (3.8% organic) to €16.5 billion and adjusted operating profit of €2.3 billion, up 15.1%, as well as 7.8% organic growth in emerging markets. Henkel’s beauty care business sector posted organic sales growth of 3.1%.
"2012 was the most successful year for Henkel so far: we achieved excellent results in a highly volatile and competitive market environment and met or exceeded all financial targets,” said Henkel CEO Kasper Rorsted. “All three Henkel business sectors showed profitable growth with expansion of market shares in their relevant markets. We also delivered on the ambitious financial targets we set in 2008 for the period up to 2012. We have substantially strengthened Henkel’s competitiveness, establishing a strong foundation for our future growth.”
Looking at fiscal year 2013, Rorsted said, “The strong dynamics and high volatility in our markets will persist. Although Henkel is well positioned, we will continue to further simplify and improve our processes in order to respond to changes faster than our competition. We expect organic sales growth for the full fiscal year to be between 3–5%. We also expect to increase our adjusted EBIT margin to around 14.5% and improve adjusted earnings per preferred share by around 10%.”