November 29, 2021 0

Henkel’s strong Q3 growth

Adhesives company Henkel celebrates a bumper quarter.

In the third quarter of fiscal 2021, Henkel continued on its growth path and achieved Group sales of around 5.1 billion euros. This corresponds to a strong organic sales growth of +3.5% driven in particular by positive pricing in all business units. 

Henkel also reported:

  • Adhesive Technologies achieves very strong organic sales growth of +7.0%, nominal +7.1%
  • Organic sales development mainly driven by emerging markets
  • Henkel well above pre-crisis level: organic sales growth of +7.5% versus Q3 2019 corresponds to an average annual growth of +3.7%
  • Outlook for fiscal 2021 updated: Sales guidance confirmed, earnings expectations at lower end of previous guidance ranges

Full results available here.

Business Products Group International LLP ®