DGAP-Adhoc

Henkel AG & Co. KGaA: Henkel delivers significant organic sales growth in the first quarter of 2022 and updates the outlook for fiscal 2022

DGAP-Ad-hoc: Henkel AG & Co. KGaA / Key word(s): Change in Forecast/Quarter Results Henkel AG & Co. KGaA: Henkel delivers significant organic sales growth in the first quarter of 2022 and updates the outlook for fiscal 2022 29-Apr-2022 / 08:31 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Düsseldorf, 2022-04-29T08.00+02:00 (MESZ) Henkel delivers significant organic sales growth in the first quarter of 2022 and updates the outlook for fiscal 2022 Based on the business development in the first three months of 2022 and the current assumptions regarding the business performance in the remainder of the year, particularly the significant increase in raw material costs and logistics services as well as effects in connection with the decision to exit business activities in Russia, the Management Board of Henkel AG & Co. KGaA today decided to update its outlook for fiscal 2022.

Sales development in the first quarter of 2022

Based on preliminary figures, Henkel generated total sales of around 5.3 billion euros in the first quarter. This corresponds to significant organic sales growth of 7.1 percent.

Sales growth in the first quarter was driven primarily by Adhesive Technologies, which achieved double-digit organic sales growth of +10.7 percent in the first quarter based on preliminary figures. Growth was achieved across all business areas.

Based on preliminary figures, the Beauty Care business unit recorded a slight decline in organic sales of -1.2 percent. The Hair Salon business achieved double-digit organic sales growth. The consumer business was, as expected, below the level of the previous year, in particular due to the implementation of the portfolio measures announced for 2022.

According to preliminary figures, the Laundry & Home Care business unit achieved a very strong organic sales increase of +4.9 percent, driven by significant growth in the laundry business area. By contrast, the home care business area recorded a slight decline in organic sales in the first quarter.