|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||24.62 - 24.77|
|52 Week Range||17.41 - 26.72|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||3.66|
|Forward Dividend & Yield||0.52 (2.03%)|
|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.
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. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.