|Bid||92.42 x 36000|
|Ask||92.88 x 36000|
|Day's Range||92.42 - 92.88|
|52 Week Range||80.80 - 104.60|
|Beta (3Y Monthly)||0.50|
|PE Ratio (TTM)||17.78|
|Forward Dividend & Yield||1.85 (2.00%)|
|1y Target Est||N/A|
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.
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.
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.
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.
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.
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.
European stocks traded lower on Monday, after fresh data from China showed its economy grew at its slowest pace since 1990.
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.
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.
Henkel (HNKG_p.DE), owner of consumer brands including Persil detergent and Schwarzkopf shampoo, said it is still working to win back shelf space for its products in the United States after being hit by delivery problems early this year. While Persil and some other brands have since recovered, Henkel lost promotional slots for mid and lower-priced products due to the delivery delays at the start of the year, Chief Executive Hans van Bylen told journalists on Thursday. "We are working with full focus to get growth back in this business," he said, after Henkel reported that sales in North America slipped 0.8 percent in July-September from a year earlier.
German consumer goods group Henkel is scanning the market for takeovers, its chief financial officer told a paper, declining to say whether it was looking at Nestle's skin health unit that was put up for sale earlier this week. "We continue to see acquisition potential," Carsten Knobel told Boersen-Zeitung in an interview published on Saturday. "I do not want to comment on that," Knobel said when asked whether Henkel was looking at the division.