What does it taketo be apioneer?

Henkel has set a new strategic course for its corporate venture capital activities in the consumer goods business after the company has generated a second 150-million-euro fund earlier this year. The company’s venturing unit Henkel dx Ventures focuses its activities on a strong and future-oriented strategy. It partners with start-ups for co-innovation and invests in promising ventures globally in two defined focus areas, which are digital commerce and sustainability.

• Group reports organic sales growth of +11.3% to new all-time high of around 6 billion euros, nominal +17.3%, with all three business units contributing:
  • Adhesive Technologies achieves double-digit organic sales growth of +16.8%, nominal +22.6%
  • Beauty Care reports positive organic sales growth of +0.9%, nominal +8.4%
  • Laundry & Home Care generates significant organic sales growth of +7.3%, nominal +13.2%
• Double-digit sales growth in emerging markets, very strong growth in mature markets
• Merger of Laundry & Home Care and Beauty Care into Consumer Brands ahead of plan
• Outlook for fiscal 2022: Raised guidance for sales and earnings based on continued strong business performance

Against the background of the current developments of the war in Ukraine, Henkel has decided to exit its business activities in Russia. The execution process is now being prepared. Henkel will work closely with its teams in Russia on the details to ensure an orderly process. In the meantime, Henkel’s 2,500 employees in Russia will continue to be employed and paid. The expected financial impact for Henkel resulting from the planned exit cannot be quantified at this time.