Flexible Electronics News

Henkel Reports 3Q 2016 Fiscal Resul;ts

Sales at €4,748 million, with organic growth of 2.8%, and operating profit up 7.8% to €837 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

In the third quarter of 2016, Henkel’s sales reached a new high. Sales rose by 3.4% to €4,748 million. The sales performance was driven by the solid organic development as well as acquisitions. Organic sales growth – i.e. adjusted for foreign exchange and acquisitions/divestments – was at 2.8%. Adjusted for negative foreign exchange impact of 3.3%, sales increased by 6.7%.   “Henkel continued to deliver strong business performance in the third quarter. Sales, adjusted EBIT and adjusted earning...

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