Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Henkel AG & Co KGaA    HEN   DE0006048408

HENKEL AG & CO KGAA

(HEN)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Henkel : Cuts Full-Year Growth Outlook; 2Q Earnings Fell

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/13/2019 | 01:51am EDT

By Anthony Shevlin

Henkel AG & Co. KGaA (HEN.XE) said Tuesday that earnings in the second quarter fell due to a decline in key industries such as automotive, and cut its growth outlook for the full year.

The maker of Dial soap and Purex laundry detergent said earnings before interest and taxes came to 756 million euros ($847.1 million) compared with EUR814 million the year prior.

Sales for the period were EUR5.12 billion, down from EUR5.14 billion last year.

The company's EBIT margin was 14.8%, it said.

Henkel cut its full-year organic growth expectations and now sees growth at between 0% and 2%. The company previously forecast organic growth between 2% and 4%.

Henkel cut its growth outlook as it doesn't expect industrial demand to increase in the second half, it said. Furthermore, the company said its beauty-care business is set to develop below initial expectations.

Henkel continues to expect an adjusted return on sales in the range of 16% to 17%

Write to Anthony Shevlin at anthony.shevlin@dowjones.com; @anthony_shevlin

Stocks mentioned in the article
ChangeLast1st jan.
HENKEL AG & CO KGAA 2.89% 78.4 Delayed Quote.-8.57%
HENKEL AG & CO. KGAA 2.36% 85.96 Delayed Quote.-9.90%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HENKEL AG & CO KGAA
08/14HENKEL : updates guidance for fiscal year 2019
AQ
08/14Adhesives Market Is Expected To Grow At A CAGR Of 9.0% Till 2022
AQ
08/13Consumer Cos Up as Tariff Delays Help Retailers -- Consumer Roundup
DJ
08/13NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/13NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/13NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/13NEWS HIGHLIGHTS : Top Company News of the Day
DJ
08/13WALL STREET STOCK EXCHANGE : Stocks Fall as Hong Kong Unrest Fuels Investor Conc..
DJ
08/13EUROPE MARKETS: Cocktail Of Global Risks Sends European Stocks Tumbling
DJ
08/13WALL STREET STOCK EXCHANGE : Stocks Fall as Hong Kong Unrest Fuels Investor Conc..
DJ
More news
Financials (EUR)
Sales 2019 20 222 M
EBIT 2019 3 245 M
Net income 2019 2 230 M
Debt 2019 1 949 M
Yield 2019 2,46%
P/E ratio 2019 15,6x
P/E ratio 2020 13,7x
EV / Sales2019 1,85x
EV / Sales2020 1,73x
Capitalization 35 366 M
Chart HENKEL AG & CO KGAA
Duration : Period :
Henkel AG & Co KGaA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HENKEL AG & CO KGAA
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 85,00  €
Last Close Price 78,85  €
Spread / Highest target 7,80%
Spread / Average Target 7,80%
Spread / Lowest Target 7,80%
EPS Revisions
Managers
NameTitle
Hans van Bylen Chief Executive Officer
Simone Bagel-Trah Chairman-Supervisory Board
Carsten Knobel Chief Financial Officer, EVP-Finance & Purchasing
Michael Kaschke Member-Supervisory Board
Jutta Bernicke Member-Supervisory Board