|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||23.29 - 23.44|
|52 Week Range||21.47 - 28.85|
|Beta (3Y Monthly)||0.52|
|PE Ratio (TTM)||3.46|
|Forward Dividend & Yield||0.52 (2.20%)|
|1y Target Est||N/A|
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) 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.
Looking at Henkel AG & Co KGaA’s (ETR:HEN3) earnings update in June 2018, it seems that analyst expectations are fairly bearish, with profits predicted to rise by 5.1% next yearRead More...
German consumer goods company Henkel lowered its full-year earnings forecast after weak emerging market currencies and costlier raw materials dented quarterly results, sending its share price down 3 percent. Henkel's shares, which have been in gradual recovery mode since they dipped in March on reports of North American delivery problems, touched a three-month low of 104.05 euros on Thursday and were down 3.1 percent at 104.15 euros by 0920 GMT.