|Bid||0.00 x 36000|
|Ask||0.00 x 36000|
|Day's Range||64.82 - 65.68|
|52 Week Range||57.00 - 75.66|
|Beta (5Y Monthly)||0.58|
|PE Ratio (TTM)||25.10|
|Earnings Date||Mar 07, 2023|
|Forward Dividend & Yield||1.85 (2.84%)|
|Ex-Dividend Date||Apr 05, 2022|
|1y Target Est||69.71|
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Henkel's Russian operation will change its name to Lab Industries from January and will act independently of the German group, a Henkel spokesperson said, confirming a report from Russia's Itar-Tass agency. "In preparation for the announced sale, it must be ensured that the local business can operate independently of Henkel's global business processes and systems," the spokesman added.
The soap and cleaning materials industry battles headwinds from elevated logistics, input and manufacturing costs. Innovation, digital growth and brand building are likely to drive players like PG, RBGLY, HENKY, CHD and CLX.
Germany's Henkel on Tuesday increased its full-year sales and profit guidance after reporting a 17% sales increase to 5.98 billion euros ($5.98 billion) in the third quarter, which was helped by price increases for its adhesives products. The chemical and consumer goods company said it now expects organic sales growth of seven to eight percent after previously forecasting an increase of 5.5-7.5%. Adjusted return on sales is now forecast to be at 10-11% this year instead of 9-11%.