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MarketScreener Homepage  >  Equities  >  Xetra  >  Henkel AG & Co. KGaA    HEN3   DE0006048432

HENKEL AG & CO. KGAA

(HEN3)
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Henkel : opens new state-of-the-art manufacturing facility near Pune

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02/05/2020 | 07:18am EDT

Henkel Adhesives Technologies has officially inaugurated its new production facility in Kurkumbh, India, near Pune.

With a total investment of about 50 million Euro the business unit aims to serve the growing demand of Indian industries for high-performance solutions in adhesives, sealants and surface treatment products. Designed as a smart factory the new plant enables a wide range of Industry 4.0 operations and meets the highest standards for sustainability.

The state-of-the-art facility admeasures 100,000 square meters and has a built-up area of 51,000 square meters which makes it India's largest adhesive manufacturing site. It will further increase Henkel's capabilities to serve customers across various markets including flexible packaging, automotive, agriculture and construction equipment, general industry and metals.

'India is one of the most important emerging markets with tremendous growth opportunities for our adhesives business', said Jan-Dirk Auris, Executive Vice President Henkel Adhesive Technologies. 'Our trusted brands and leading solutions based on our unmatched portfolio of 40 technologies create sustainable value for our customers. With the launch of this state-of-the-art, multi-technology manufacturing facility, we have created capacities to meet the demands for our high impact solutions in this dynamic market. This investment will enable us to further drive profitable growth.'

The new site is equipped with state-of-the-art technologies to ensure traceability and transparency and to exceed the high standards for quality and safety in the industry. Designed as a smart factory with a high level of process automation it enables a wide range of Industry 4.0 applications. The end-to-end digitalization of the plant operations also ensures digitized workflows for a high efficiency in manufacturing.

The new Kurkumbh site also meets the highest standards of sustainability. It is among the very few chemical manufacturing sites to be awarded the LEED Gold certificate by the US Green Building Council based on a holistic energy efficiency concept.

Contact:

Tel: +49-211-797-8594

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (EUR)
Sales 2020 19 537 M
EBIT 2020 2 843 M
Net income 2020 1 818 M
Debt 2020 1 188 M
Yield 2020 2,41%
P/E ratio 2020 16,2x
P/E ratio 2021 14,8x
EV / Sales2020 1,61x
EV / Sales2021 1,51x
Capitalization 30 269 M
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Mean consensus HOLD
Number of Analysts 26
Average target price 81,30  €
Last Close Price 73,20  €
Spread / Highest target 44,8%
Spread / Average Target 11,1%
Spread / Lowest Target -28,9%
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Managers
NameTitle
Carsten Knobel Chief Executive Officer
Simone Bagel-Trah Chairman-Supervisory Board
Marco Swoboda Chief Financial Officer
Michael Kaschke Member-Supervisory Board
Jutta Bernicke Member-Supervisory Board
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