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HENKEL AG & CO. KGAA

(HEN3)
  Report
Real-time Estimate Tradegate  -  05:08 2022-12-02 am EST
68.59 EUR   -0.36%
12/01Henkel non-conductive die attach film offers broad wirebond package flexibility for high-reliability applications
AQ
12/01HENKEL VORZUEGE : JP Morgan reaffirms its Neutral rating
MD
11/30HENKEL VORZUEGE : DZ Bank reiterates its Neutral rating
MD
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Henkel expands Brandon facility to support EV and electronics manufacturing

09/21/2022 | 09:02am EST

Henkel broke ground on a 35,000 square foot expansion of its production facility in Brandon, South Dakota. The expanded facility will bring manufacturing capabilities and allow Henkel to increase production of thermal interface materials used to manufacture high-performance electronics and electric vehicles (EV). The company's Brandon facility manufactures thermal interface material adhesives under the leading brands Loctite and Bergquist, which are used in the electronics and automotive industry, with a specific focus on next generation electric car capabilities and components.

With an increasing demand on domestic electric vehicle manufacturing, thermal interface materials become an essential part of the supply chain, supporting safe and efficient battery performance during charging and discharging cycles. As part of the company's commitment to build value through comprehensive sustainable operations strategies, the company will pursue LEED certification for both the expansion and existing facility. LEED (Leadership in Energy and Environmental Design) is the most widely used green building rating system in the world and promotes the use of efficient building strategies that are good for people as well as the environment.

The company's facility in Brandon was built in 2009, covers 36,000 square feet, and employs 120 employees. The expansion will create approximately 20 new jobs and is expected to be operational by the fourth quarter of 2023. Henkel's $30 million investment in Brandon was initially announced in October 2021.


ę S&P Capital IQ 2022
All news about HENKEL AG & CO. KGAA
12/01Henkel non-conductive die attach film offers broad wirebond package flexibility for hig..
AQ
12/01HENKEL VORZUEGE : JP Morgan reaffirms its Neutral rating
MD
11/30HENKEL VORZUEGE : DZ Bank reiterates its Neutral rating
MD
11/29Henkel : and cyclos-HTP enter into strategic partnership
PU
11/28Cms : Henkel AG & Co. KGaA: Release of a capital market information
EQ
11/23The Bodo MÃÂller Chemie Group invites to the Customer Inspiration Day at the new Henkel..
AQ
11/21Europe Inc cuts jobs as economy sputters
RE
11/21Cms : Henkel AG & Co. KGaA: Release of a capital market information
EQ
11/20Businesses should think twice before using a shape mark
AQ
11/17Dd : Henkel AG & Co. KGaA: Carsten Knobel, Acceptance of an inheritance of 1,000 preferred..
EQ
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Analyst Recommendations on HENKEL AG & CO. KGAA
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Financials
Sales 2022 22 341 M 23 039 M 23 039 M
Net income 2022 1 243 M 1 282 M 1 282 M
Net Debt 2022 1 111 M 1 146 M 1 146 M
P/E ratio 2022 22,9x
Yield 2022 2,72%
Capitalization 27 940 M 28 813 M 28 813 M
EV / Sales 2022 1,30x
EV / Sales 2023 1,28x
Nbr of Employees 51 800
Free-Float 61,1%
Chart HENKEL AG & CO. KGAA
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Technical analysis trends HENKEL AG & CO. KGAA
Short TermMid-TermLong Term
TrendsBullishBullishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Last Close Price 68,44 €
Average target price 66,54 €
Spread / Average Target -2,77%
EPS Revisions
Managers and Directors
Carsten Knobel Chairman-Management Board
Marco Swoboda Chief Financial Officer & Executive VP-Finance
Simone Bagel-Trah Member-Supervisory Board
Thomas Gerd Kuehn Chief Compliance Officer & General Counsel
Michael Kaschke Member-Supervisory Board