HEN3.DE - Henkel AG & Co. KGaA

XETRA - XETRA Delayed Price. Currency in EUR
85.96
+1.98 (+2.36%)
At close: 5:35PM CEST
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Previous Close84.90
Open84.12
Bid85.80 x 43400
Ask85.82 x 6700
Day's Range82.90 - 85.96
52 Week Range80.70 - 113.80
Volume721,140
Avg. Volume648,609
Market Cap35.262B
Beta (3Y Monthly)0.10
PE Ratio (TTM)16.53
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.85 (2.20%)
Ex-Dividend Date2019-04-09
1y Target EstN/A
  • Thomson Reuters StreetEvents

    Edited Transcript of HEN3.DE earnings conference call or presentation 13-Aug-19 7:00am GMT

    Q2 2019 Henkel AG & Co KgaA Earnings Call

  • Henkel cuts outlook after weakest quarterly sales in decade
    Reuters

    Henkel cuts outlook after weakest quarterly sales in decade

    Henkel lowered its full-year outlook on Tuesday after posting its first fall in sales in a decade as the popularity of its beauty products waned and weaker industrial production hit its adhesives business. The maker of Schwarzkopf shampoo, Persil detergent, Dial soap and Loctite glue said second-quarter sales fell by a like-for-like 0.4% to 5.121 billion euros ($5.73 billion), the weakest since the third quarter of 2009, while earnings per share dropped 9.5% to 1.43 euros - both below average analyst forecasts. Analysts have suggested Henkel should consider selling or spinning off its struggling beauty business but the founding family that owns the majority of shares is seen as unlikely to take such a radical step.

  • Financial Times

    Germany’s Henkel cuts sales forecast in ‘difficult environment’

    German glue and detergent maker Henkel has slashed its 2019 sales forecast, blaming falling demand from automotive clients and stronger-than-expected headwinds in its consumer-facing beauty care division. The maker of Persil detergent, Loctite glue and Dial soap warned on Tuesday that organic revenues, which exclude currency fluctuations and M&A activity, will grow at most 2 per cent this year, compared with an already lowered target of 2 to 4 per cent. Until May, Henkel had targeted a revenue increase of 3 to 6 per cent for this year.

  • Henkel Drops as Outlook Dims on Auto Slump, Slower China Sales
    Bloomberg

    Henkel Drops as Outlook Dims on Auto Slump, Slower China Sales

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Henkel AG dropped the most in almost seven months after cutting its full-year forecast as a sales slowdown in China hit its Schwarzkopf shampoo business and its adhesives unit suffered from an automotive slump.Earnings before interest and taxes missed analysts’ predictions in the second quarter, prompting Henkel to warn sales growth could be flat and per-share profit would drop almost 10%, more than previously expected. The stock traded as much as 5.4% lower, its steepest intraday decline since Jan. 21.Henkel is battling a slump in the auto industry. It’s seen an abrupt halt to a key growth market that had benefited as carmakers turned to adhesives to reduce weight by gluing parts together rather than riveting or welding. Sales at the unit shrank by 1.2% in the quarter, with Henkel highlighting a decline in automotive demand, alongside stiffer competition in beauty and washing-detergent markets.Chief Executive Officer Hans Van Bylen earlier this year allocated an extra 300 million euros ($335 million) for marketing spending amid a price war in parts of Europe and North America in products. Beauty Care was “significantly below” expectations, partly due to “ongoing stock adjustments” in China.The weakness in those markets has come to define Van Bylen’s term, and will be a focus for him as he eyes the end of his contract in 2021. Upon becoming CEO in 2016, he focused on growing Henkel through large purchases including U.S. detergent maker Sun Products Corp., a purchase aimed at Procter & Gamble Co.’s home market.Preferred shares of Henkel, the No. 1 supplier of adhesives, traded 4.2% lower at 88.08 euros as of 9:07 a.m.What Bloomberg Intelligence Says“Henkel will have to spend wisely on brand building to restore its long-term organic-growth target of 2-4%, and the latest guidance cut demonstrates that the 300 million euros of investment planned for both 2019 and 2020 probably won’t be enough.”\--Duncan Fox, consumer-products industry analystAdjusted earnings fell 9% to 846 million euros. Analysts had predicted 869 million euros on average, according to data compiled by Bloomberg. Henkel reiterated guidance for an EBIT margin of between 16% and 17%.(Updates with details on EPS guidance cut and share performance.)To contact the reporter on this story: Oliver Sachgau in Munich at osachgau@bloomberg.netTo contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net, Andrew NoëlFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    Host of global worries drive European shares lower

    European shares fell on Tuesday, as a slew of economic and geopolitical worries including Italy and Argentina's political uncertainty and unrest in Hong Kong, compelled investors to take refuge in safe harbors like bonds and gold. The pan-European STOXX 600 index fell 0.3% by 0715 GMT, with the bank-heavy Milan and Madrid indexes leading losses. Markets, already reeling from fears that the United States and China may not end their bitter trade-war anytime soon, were distressed further as Argentina's currency crashed, unrest in Hong Kong intensified and Italy's political worries deepened.

  • Reuters

    UPDATE 4-Henkel cuts outlook on weakest sales momentum in a decade

    Persil maker Henkel cut its full-year outlook on Tuesday after posting its first fall in sales in a decade as the popularity of its beauty products waned and weaker industrial production hit its adhesives business. The maker of Schwarzkopf shampoo, Dial soap and Loctite glue has underperformed rivals such as Procter & Gamble Co (P&G) and Unilever in recent years. Analysts have suggested Henkel should consider selling or spinning off its struggling beauty business but the founding family, which owns around 60 percent of the company's voting shares, is seen as unlikely to take such a radical step.

  • BASF, Siemens, Henkel, Roche target of cyber attacks
    Reuters

    BASF, Siemens, Henkel, Roche target of cyber attacks

    German blue-chip companies BASF, Siemens, Henkel along with a host of others said on Wednesday they had been victims of cyber attacks, confirming a German media report which said the likely culprit was a state-backed Chinese group. Alongside the German firms named, companies including drug maker Roche, hotels group Marriott, airline Lion Air, conglomerate Sumitomo, and chemicals group Shin-Etsu were also targeted by the hackers, ARD reported. Industrial conglomerate Siemens, shampoo maker Henkel and Swiss pharma group Roche confirmed that they were affected by "Winnti", while BASF and Covestro also confirmed that they have been attacked.

  • Moody's

    Henkel of America Inc -- Moody's announces completion of a periodic review of ratings of Henkel AG & Co. KGaA

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Henkel AG & Co. KGaA and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Thomson Reuters StreetEvents

    Edited Transcript of HEN3.DE earnings conference call or presentation 7-May-19 6:00am GMT

    Q1 2019 Henkel AG & Co KgaA Earnings Call

  • Reuters

    Henkel beauty, adhesives units weigh on first quarter results

    German consumer goods company Henkel reported a disappointing first quarter of earnings and sales on Tuesday as falling industrial production hit its adhesives business and its beauty unit underperformed in western Europe and China. Henkel shares, which have underperformed the broader German market this year, were down 2.9 percent in early trade at 0655 GMT. The maker of Schwarzkopf shampoo and Persil detergent saw sales rise by an organic 0.7 percent to 4.97 billion euros (4.25 billion pounds), while earnings per share dropped 6 percent to 1.34 euros, both shy of average analyst forecasts.

  • Thomson Reuters StreetEvents

    Edited Transcript of HEN3.DE earnings conference call or presentation 21-Feb-19 8:00am GMT

    Full Year 2018 Henkel AG & Co KgaA Earnings Call

  • Reuters

    Henkel goes vegan to revive beauty business

    German consumer goods company Henkel announced new hair care formulations and brands on Thursday, seeking to tap into consumer demand for more natural ingredients as it tries to revive sluggish growth in its beauty business. Henkel will relaunch its European shampoo brand Schauma with a "vegan" formula, roll out to more markets its Nature Box line of hair and body care products made from cold-pressed oils and launch a new "free-from" hair dye line called OnlyLove. It will also launch a premium vegan brand for professional hair salons called Authentic Beauty Concept and expand its Pro Nature range of cleaning products to include detergents.

  • Reuters

    European shares slip after weak Chinese GDP data

    European shares slipped on Monday from six-week highs after China's fourth-quarter growth figures confirmed a slowdown in the world's second-biggest economy, with 2018 its weakest year since 1990. The pan-European STOXX 600 fell 0.3 percent and Germany's exporter-heavy DAX dropped 0.6 percent while U.S. markets were closed for Martin Luther King Day. German chemicals firm Henkel was the biggest STOXX 600 faller, down about 10 percent, after the maker of Schwarzkopf shampoo and Persil detergent warned earnings would fall this year as it steps up investment in brands and digital technology to try to revive growth.

  • Reuters

    Henkel tumbles as Persil maker warns investment to hit profit

    Henkel (HNKG_p.DE) shares tumbled on Monday after the maker of Schwarzkopf shampoo and Persil detergent warned earnings would fall this year as it steps up investment in brands and digital technology to try to revive growth. The stock fell more than 8 percent to a three-year low after the German consumer goods group announced plans to spend about an extra 300 million euros ($341 million) a year, on top of annual capital expenditure of around 800 million euros. The news came as Henkel also missed analyst expectations for 2018 results, with preliminary sales up an underlying 2.4 percent to 19.9 billion euros and adjusted earnings per share (EPS) growth of 2.7 percent.

  • CNBC

    European stocks fall as China posts slowest growth in nearly three decades; Henkel down 9%

    European stocks traded lower on Monday, after fresh data from China showed its economy grew at its slowest pace since 1990.

  • Reuters

    Plastics, consumer goods makers in $1.5 billion pledge to rein in waste

    Global companies including BASF, DowDuPont, Procter & Gamble and SABIC have formed an alliance to fight plastic waste, pledging to spend $1.5 billion over the next five years. The Alliance to End Plastic Waste (AEPW), unveiled by its 28 founding companies on Wednesday, convened amid reports of a worsening environmental crisis from about 8 million tonnes of plastic waste that end up in oceans every year, which has triggered bans on some single-use plastic products. Current alliance members have committed more than $1 billion to the project over the next five years, while money that additional members will pledge should take the five-year budget to about $1.5 billion, a spokesman said.

  • Reuters

    Plastics, consumer goods makers in $1.5 bln pledge to rein in waste

    Global companies including BASF, DowDuPont, Procter & Gamble and SABIC have formed an alliance to fight plastic waste, pledging to spend $1.5 billion over the next five years. The Alliance to End Plastic Waste (AEPW), unveiled by its 28 founding companies on Wednesday, convened amid reports of a worsening environmental crisis from about 8 million tonnes of plastic waste that end up in oceans every year, which has triggered bans on some single-use plastic products. Current alliance members have committed more than $1 billion to the project over the next five years, while money that additional members will pledge should take the five-year budget to about $1.5 billion, a spokesman said.

  • Reuters

    Sika's Parex deal highlights building materials buyouts

    Swiss chemicals company Sika AG has agreed to buy French rival Parex in a 2.5 billion Swiss franc ($2.6 billion) deal, the latest in a wave of consolidation in the construction materials sector. Sika is buying Parex from private equity firm CVC Capital Partners.

  • Reuters

    Henkel has no plans to breakup - CEO in Sueddeutsche Zeitung

    Henkel (HNKG_p.DE) has no plans to break up, its chief executive told a German newspaper, adding the German consumer goods group's current structure gave it enough flexibility to grow. "We are very happy about that.