Henkel has signed an agreement on the sale of its business activities in Russia to a consortium of local financial investors. In April 2022, the company had announced the decision to exit from Russia.

Henkel optimizes the organizational structure of its Adhesive Technologies business in order to use scale and competence benefits even more efficiently, while at the same time ensuring close customer and market proximity. Going forward, the business unit will be set up with three business areas – Mobility & Electronics, Packaging & Consumer Goods and Craftsmen, Construction & Professional – and underlying nine strategic business units. The new organizational structure will be already reflected in the Quarterly Statement on the first quarter 2023, which will be published on May 4, 2023.

• Full year results 2022:
  • Group sales: 22.4 billion euros, organic growth* of 8.8 percent
  • Operating profit ‏(EBIT)**: 2.3 billion euros, -13.7 percent
  • EBIT margin**: 10.4 percent, -3.0pp
  • Earnings per preferred share ‏(EPS)**: 3.90 euros, -17.8 percent at constant exchange rates
• Proposed dividend on prior-year level: 1.85 euros per preferred share
• Good progress in implementing Purposeful Growth Agenda
• New business unit Consumer Brands live
• Sustainability driven forward in key areas
• Outlook for fiscal 2023: further growth expected
  • Organic sales growth: 1.0 to 3.0 percent
  • EBIT margin**: 10.0 to 12.0 percent
  • Earnings per preferred share ‏(EPS)**: between -10.0 and +10.0 percent ‏(at constant exchange rates)

• Climate protection: Share of renewable electricity use at production sites worldwide climbs to 70 percent, reducing CO₂-emissions by 55 percent (per ton of product)
• Circular economy: Further progress towards 100 percent recyclable and reusable packaging
• Social engagement:  Solidarity program of 6 million euros for victims of Ukraine war
• Gender Parity Ambition: Further increasing share of women in management positions
• “Sustainability Pioneers”: Global employee engagement program successfully rolled out

Effective February 1, 2023, Mark Dorn ‏(49), currently Senior Vice President at Henkel with responsibility for the Adhesive Technologies business in the Asia-Pacific region, will be appointed Executive Vice President and member of the Management Board responsible for the Adhesive Technologies business unit. He succeeds Jan-Dirk Auris, who will leave the company at the end of January 2023 after around 35 years of successful service.

Henkel today announced that Jan-Dirk Auris, the Board member responsible for the Adhesive Technologies business unit, will conclude his longstanding and successful service to the company at the end of January 2023, following the joint decision to forego a prolongation of his existing contract, which is scheduled to expire at the end of 2023. He will support the handover of responsibility to his successor.

• 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

Effective September 30, 2022, Bruno Piacenza ‏(56), who has been Executive Vice President of Henkel's Laundry & Home Care business sector since 2011, will leave the Henkel Management Board, as already announced at the beginning of the year. Wolfgang König ‏(50), currently Executive Vice President for Beauty Care, will additionally assume responsibility for Laundry & Home Care with effect from October 1, 2022 and will also lead the newly created Henkel Consumer Brands business unit in the future.

• Implementation of new organizational structure in the Consumer Brands business unit ahead of plan
• Continued strong organic sales performance at Adhesive Technologies
• Outlook for organic sales growth for Henkel in fiscal 2022 increased: +5.5 to +7.5 percent ‏(previously +4.5 to +6.5 percent)
• Adhesive Technologies and Consumer Brands well positioned for capturing future growth and profit opportunities
• Confirmation of mid- to long-term financial ambition

Henkel is pleased to announce that Leslie Iltgen has joined the team as new Head of Investor Relations with effect from September 15, 2022.