DGAP-News
Henkel AG & Co. KGaA:
DGAP-News: Henkel AG & Co. KGaA / Key word(s): Final Results February 23, 2017 |
Strong performance in fiscal year 2016
Henkel reports sales and earnings at record levels
- Sales: +3.5% to 18,714 million euros (organic: +3.1%)
- Emerging markets sales growth: organic +6.8%
- Strong increase of operating profit*: +8.5% to 3,172 million euros
- Very strong EBIT margin* improvement: +70 basis points to 16.9%
- Excellent earnings per preferred share*: +9.8% to 5.36 euros
- Double-digit dividend** increase: +10.2% to 1.62 euros per preferred share
Düsseldorf - "2016 was a very successful year for Henkel. In a challenging market environment, we achieved again new record levels for sales and earnings and met our financial targets for the
fiscal year. We delivered a high quality of earnings. For the first time we reached an adjusted operating profit of more than 3 billion euros," said Henkel CEO Hans Van Bylen. "In September, we
closed the acquisition of Sun Products, which was the second-largest transaction in our company's history. This marks a major step for Henkel and substantially strengthens our Laundry & Home
Care business in North America. In November, we presented our new ambitions and strategic priorities for 2020 and beyond. Based on our strong foundation, our excellent results in 2016 and our clear
priorities for the coming years, we are committed to continue our successful development in the future."
Outlook for 2017
Looking at the current fiscal year 2017, Hans Van Bylen said: "We expect the highly volatile and uncertain market environment to continue. Nevertheless, based on our clear strategic direction, our strong global team and our innovative brands and technologies with leading market positions, we are well-positioned for further profitable growth: For the full fiscal year 2017, we expect organic sales growth of 2 to 4 percent. We expect our adjusted EBIT margin to increase to more than 17.0 percent and adjusted earnings per preferred share to grow between 7 and 9 percent."