|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.47 - 22.06|
|52 Week Range||14.62 - 24.90|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||3.26|
|Forward Dividend & Yield||0.51 (2.30%)|
|Ex-Dividend Date||Jun 18, 2020|
|1y Target Est||N/A|
German consumer goods group Henkel reported a big drop in sales of its beauty care business on Thursday due to the closure of hair salons due to the coronavirus and a hit to its adhesives unit, but saw a surge in demand for cleaning products. Henkel said group second-quarter sales fell 11% to 4.6 billion euros, meeting average analyst forecasts for 4.6 billion, and a decline of 9.4% after stripping out the effect of currencies and acquisitions. Henkel, which makes Dial soap and Persil detergent, declined to give an outlook for the full year due to continued uncertainties.
German consumer goods group Henkel will join a boycott of advertising on Facebook, a spokesman said on Monday. Henkel, which makes Dial soap, Persil detergent, and Schwarzkopf shampoo, "will not advertise on Facebook's services in July with all its brands", the spokesman said. Henkel joins a long list of companies that have pulled advertising from Facebook in support of a campaign that called out the social media giant for not doing enough to stop hate speech on its platforms.
News broke this week on a potential acquisition of American beauty company Coty Inc (NYSE: COTY) by German consumer goods company Henkel AG & Co. (OTC: HENOY). The sale would be a total takeover of Coty and would result in the complete rollup of all company assets into Henkel.