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HENKEL AG & CO. KGAA

(HEN3)
  Report
Real-time Estimate Tradegate  -  02:47 2022-09-28 pm EDT
60.97 EUR   +1.25%
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Henkel : receives qualification from Leonardo Aircraft and Aerostructures Division for its aerospace plant in Montornès

08/17/2022 | 03:54am EDT

Aug 17, 2022Düsseldorf / Germany

State-of-the-art factory in Spain has been qualified as Standard and Raw Materials Supplier

Henkel receives qualification from Leonardo Aircraft and Aerostructures Division for its aerospace plant in Montornès

The Henkel aerospace plant in Montornès Del Vallès (Montornès), Spain, has been qualified as Standard and Raw Materials Supplier by Leonardo S.p.A., Italy. After receiving a positive evaluation in the respective procedures of the Leonardo Aircraft and Aerostructures Division, the customer acknowledged the quality and value of the procedures conducted at the site.

Henkel has opened its aerospace production facility in Montornès in 2019. The plant has been designed for the production of high-impact aerospace applications that aim to support manufacturers and their suppliers to effectively respond to global key industry trends such as light weighting, fuel efficiency and automation. In addition to Montornès, Henkel operates a second aerospace adhesive manufacturing site in Bay Point, California.

The Montornès site is equipped with state-of-the-art technologies, that ensure traceability for customers and guarantee high standards for quality and safety in the industry.

Disclaimer

Henkel AG & Co. KGaA published this content on 17 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2022 07:53:01 UTC.


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Financials
Sales 2022 21 828 M 21 049 M 21 049 M
Net income 2022 1 179 M 1 137 M 1 137 M
Net Debt 2022 1 215 M 1 171 M 1 171 M
P/E ratio 2022 21,4x
Yield 2022 3,09%
Capitalization 25 155 M 24 257 M 24 257 M
EV / Sales 2022 1,21x
EV / Sales 2023 1,16x
Nbr of Employees 51 800
Free-Float 61,0%
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Mean consensus HOLD
Number of Analysts 22
Last Close Price 60,22 €
Average target price 67,88 €
Spread / Average Target 12,7%
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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