Consumer Brands

Jan 28, 2022

Düsseldorf / Germany

Comprehensive measures to take Purposeful Growth Agenda to the next level

Henkel plans to merge Laundry & Home Care and Beauty Care to create new “Consumer Brands” business unit

  • Creating one multi-category platform for growth with around 10 billion euros sales
  • Continued optimization of consumer portfolio: clear focus on core brands and businesses with attractive growth and margin potential and a stronger basis for M&A across consumer space
  • Significant synergies and efficiency gains expected through the combination
  • Launch of share buyback program of up to 1 billion euros: leverage strong balance sheet and cashflow, optimize the capital structure and signal strong confidence in the future potential for profitable growth
  • Preliminary results for 2021 published: Organic sales growth (OSG) of +7.8 percent, EBIT margin* of 13.4 percent and earnings per preferred share* (EPS) growth of +9.2 percent (at constant exchange rates)
  • Outlook for 2022: OSG: 2 to 4 percent, EBIT margin*: 11.5 to 13.5 percent, EPS* development: -15 to +5 percent (at constant exchange rates), reflecting high level of market uncertainty and volatility
  • New mid- to long-term financial ambition for Henkel: OSG of 3 to 4 percent, EBIT margin* of around 16 percent and mid- to high-single-digit percentage EPS* growth (at constant exchange rates, incl. M&A)
Henkel logo on a rooftop in Duesseldorf.

Nov 11, 2021

Düsseldorf / Germany

First bonds issued under new Sustainable Finance Framework

Henkel successfully issued sustainability-linked bonds with a volume of 720 million euros

Following the introduction of its new “Sustainable Finance Framework” just over a month ago, Henkel has now issued the first two sustainability-linked bonds under this framework. A bond with a volume of 500 million euros, a maturity of eleven years and an interest rate of 0.5 percent was issued, as well as a bond with a volume of 250 million US dollars (equivalent to approx. 220 million euros), a maturity of five years and an interest rate of 1.8 percent. This makes Henkel the first company in its sector to place a euro sustainability-linked bond. With the sustainability-linked-US dollar bond, Henkel is also the first issuer ever in the Eurodollar market. The proceeds of the issue are to be used for general corporate purposes, including the refinancing of a bond that became due.

Quarterly Statement Q3 2021

Nov 8, 2021

Düsseldorf / Germany

Rising raw material and transport costs continue to determine the market environment

Henkel continues on growth path with strong sales increase in third quarter

  • Group sales grow organically by +3.5% to around 5.1 billion euros, nominal +1.9%:
    • Adhesive Technologies achieves very strong organic sales growth of +7.0%, nominal +7.1%
    • Beauty Care records negative organic sales development of -3.0%, nominal -6.5%
    • Laundry & Home Care achieves good organic sales growth of +2.0%, nominal -0.8%
  • 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 
Henkel Sustainable Finance Framework (Cover)

Oct 5, 2021

Düsseldorf / Germany

Significant step-up in sustainable financing planned

Henkel defines Sustainable Finance Framework

Henkel is further expanding its commitment to sustainable finance. The company has now defined a framework within which sustainable bonds can be placed in the future. This includes two possible forms of financing: the issuance of sustainability-linked bonds as well as green bonds.

2021 Half-Year Financial Report

Aug 12, 2021

Düsseldorf / Germany

Implementation of strategic growth agenda well on track

Henkel delivers very strong performance in the first half year – double-digit growth in organic sales and earnings

  • Group sales show organic growth of +11.3 percent to around 10 billion euros (nominal +4.7 percent), driven by all business units and regions
  • Operating profit* rises to 1,430 million euros, +20.1%
  • EBIT margin* increased to 14.4%, +1.9 percentage points
  • Earnings per preferred share (EPS)* grow by+22.4% to 2.40 euros, +30.1% at constant exchange rates
  • Good progress in all areas of purposeful growth agenda
  • Outlook for fiscal year 2021 updated: higher sales growth with unchanged earnings guidance
    • Organic sales growth: +6.0 to +8.0 percent (previously: +4.0 to +6.0 percent)
    • EBIT margin*: 13.5 to 14.5 percent (previously: 14.0 to 15.0 percent)
    • Earnings per preferred share (EPS) *: Increase in the high single-digit to mid-teens percentage range at constant exchange rates (unchanged)
Swania products and logos

Jul 23, 2021

Düsseldorf / Germany

Henkel strengthens its sustainability position in Laundry & Home Care

Henkel acquires Swania SAS in France

  • Strong market position with ecological laundry and home care products
  • Fast-growing and highly profitable brands
  • Highly complementary to Laundry & Home Care portfolio of sustainable offers
  • Strong and successful innovation track record
Henkel logo on a rooftop in Duesseldorf.

Jun 10, 2021

Düsseldorf / Germany

Further progress in active portfolio management

Henkel completes sale of Right Guard and Dry Idea brands

Henkel has closed the sale of two brands, Right Guard and Dry Idea, to Thriving Brands LLC, effective June 1, 2021. Both brands are mainly focused on the North American and UK markets. The transaction is another milestone in the company’s ambition to actively shape its portfolio, an important pillar of its Purposeful Growth agenda. Last year, Henkel announced that the company has identified brands and categories with a total sales volume of more than one billion euros, predominantly in its consumer businesses, of which around 50 percent are marked to be divested or discontinued by 2021.

Portrait of Wolfgang König

May 31, 2021

Düsseldorf / Germany

Management Board changes as of June 1, 2021

Wolfgang König new Executive Vice President Beauty Care

As of June 1, 2021, Wolfgang König (49) will join the Henkel Management Board as Executive Vice President for the Beauty Care business unit. He succeeds Jens-Martin Schwärzler who has left Henkel after more than 28 years with the company.

Quarterly Statement Q1 2021

May 6, 2021

Düsseldorf / Germany

Guidance for fiscal 2021 raised: higher sales and earnings growth expected

Henkel reports strong start to fiscal 2021

  • Group sales show significant organic growth of +7.7 percent to around 5 billion euros, nominal growth of +0.8 percent adversely affected by currency headwinds
  • All business units report organic sales growth:
    • Adhesive Technologies with double-digit organic sales growth of +13.0 percent, nominal +6.7 percent
    • Beauty Care reports good organic sales growth of +2.3 percent, nominal -1.1 percent
    • Laundry & Home Care records very strong organic sales growth of +4.1 percent, nominal -5.6 percent
  • Emerging markets with double-digit organic sales growth of +18.5 percent, mature markets grow +0.5 percent
  • Henkel raises guidance for fiscal 2021:
    • Organic sales growth: +4.0 to +6.0 percent
    • EBIT margin*: 14.0 to 15.0 percent
    • Earnings per preferred share (EPS)*: Increase in the high single-digit to mid-teens percentage range at constant exchange rates

Carsten Knobel, Chairman of the Henkel Management Board, and Dr. Simone Bagel-Trah, Chairwoman of the Supervisory Board and Shareholders' Committee

Apr 16, 2021

Düsseldorf / Germany

Henkel holds Annual General Meeting 2021

Dividend on prior-year level resolved

At the virtual Annual General Meeting of Henkel AG & Co. KGaA on April 16, 2021, the shareholders approved all agenda items. In total, about 84 percent of the voting capital stock was represented. Because of the COVID-19 pandemic, the Annual General Meeting was conducted, as in the previous year, as an entirely virtual meeting. In the run-up to the Annual General Meeting, 51 questions had been submitted by shareholders, which were answered individually.