Virtual Annual General Meeting 2021 of Henkel

Apr 16, 2021

Düsseldorf / Germany

Annual General Meeting 2021

Henkel reports good progress in implementing strategic agenda for purposeful growth

  • Robust performance in 2020 despite substantial impact from COVID-19 pandemic
  • Proposed dividend on prior-year level: 1.85 euros per preferred share
  • Implementation of purposeful growth agenda well on track
  • Focus in 2021 on innovation, digitalization, and corporate culture
  • Good start into 2021: Q1 development above market expectations

Wolfgang König

Apr 7, 2021

Düsseldorf / Germany

Change at Henkel Management Board

Wolfgang König to succeed Jens-Martin Schwärzler as Executive Vice President Beauty Care

Wolfgang König (48), currently Category President Kellogg North America, will join the Henkel Management Board as Executive Vice President for the Beauty Care business effective June 1, 2021. He succeeds Jens-Martin Schwärzler (57) who will not be available for another term. He has been with Henkel for more than 28 years and has led Henkel Beauty Care since 2017.

Henkel logo on a rooftop in Duesseldorf.

Mar 31, 2021

Düsseldorf / Germany

Henkel announces preliminary organic sales growth for first quarter 2021

Henkel expects strong start into fiscal 2021

Despite the continued challenging economic environment as a result of the COVID-19 crisis, Henkel expects a very strong organic sales growth in the first quarter of 2021. According to preliminary figures, Henkel expects for the first quarter organic sales growth (excluding the impact of currency effects and acquisitions/divestments) of around 7 percent, significantly above current market expectations of around 3.5 percent.

Teaser Annual Report 2020

Mar 4, 2021

Düsseldorf / Germany

Henkel to propose dividend on prior-year level

Henkel delivers overall robust performance in fiscal 2020 despite substantial impact from COVID-19 pandemic

  • Balanced portfolio, strong innovations, financial strength, and dedicated team as key enablers for robust business performance in a global crisis
  • 2020 results at upper end of full-year guidance:
    • Group sales reach 19.3 billion euros, organic: -0.7 percent
    • EBIT margin* at 13.4 percent, -260 basis points, corresponding to an operating profit* of 2.6 billion euros
    • Earnings per preferred share (EPS)*: 4.26 euros,-17.9 percent at constant exchange rates
  • Very strong free cash flow of 2.3 billion euros, net financial position significantly improved
  • Proposed dividend on prior-year level: 1.85 euros per preferred share
  • Implementation of agenda for purposeful growth on track, clear roadmap for further execution in 2021 and beyond
  • Outlook for 2021:
    • Organic sales growth: 2.0 to 5.0 percent
    • EBIT margin*: 13.5 to 14.5 percent
    • Earnings per preferred share (EPS)*: an increase between 5.0 to 15.0 percent at constant exchange rates
Teaser Sustainability Report 2020

Mar 4, 2021

Düsseldorf / Germany

Henkel looks back on successful 30 years of sustainable development

Strong track record and ambitious sustainability targets for 2025

  • Henkel publishes 30th Sustainability Report
  • Strong improvements in all sustainability dimensions since 2010
  • Ambitious targets for 2025
Quarterly Statement Q3 2020

Nov 10, 2020

Düsseldorf / Germany

Good business performance despite continued difficult market conditions due to the COVID-19 pandemic

Henkel achieves strong organic sales growth in the third quarter

  • Group sales grow organically by 3.9% to around 5 billion euros; nominal -1.5%
  • All business units show positive development:
    • Adhesive Technologies with positive organic sales growth of 1.3%, nominal -4.8%
    • Beauty Care reports very strong organic sales growth of 4.3%, nominal 3.0%
    • Laundry & Home Care achieves significant organic sales growth of 7.7%, nominal 0.7%
  • Regional sales development shows a differentiated picture: Emerging markets 8.8%, mature markets 0.6%
  • New guidance for fiscal 2020 presented in October
Henkel logo on a rooftop in Duesseldorf.

Oct 9, 2020

Düsseldorf / Germany

Henkel reports sales development in the third quarter based on preliminary figures

Henkel delivers strong organic sales growth in the third quarter and provides new guidance for fiscal 2020

  • Strong organic sales growth of +3.9 percent in the third quarter
  • All business units report organic sales growth
  • Guidance for fiscal 2020:
    • Organic sales growth: between -1.0 and -2.0 percent
    • Adjusted EBIT margin*: between 13.0 and 13.5 percent
    • Adjusted earnings per preferred share (EPS)* at constant exchange rates: decrease in the range between -18 and -22 percent
Wind turbines of a wind farm with sky in the background

Sep 14, 2020

Düsseldorf / Germany

Large-scale virtual power purchase agreement to cover 100 percent of Henkel’s electricity demand in the US

Henkel accelerates climate action and renewable energy usage

On the way to becoming a climate-positive company, Henkel has signed a large-scale virtual power purchase agreement (VPPA) relating to a new wind farm in Bee County, Texas. The agreed capacity equals 100 percent of the electricity demand of Henkel’s operations in the US, which comprise more than 30 production sites across the country. The long-term commitment contributes to increasing the share of renewable energy in the grid and supports Henkel to reach its climate protection targets, which were approved by the “Science Based Targets initiative” earlier this year.

2020 Half-Year Financial Report

Aug 6, 2020

Düsseldorf / Germany

Henkel reports on first half and second quarter 2020

Henkel delivers overall robust business performance despite substantial impact from COVID-19 pandemic

  • Focus on ensuring employee safety, supplying customers and supporting communities
  • Group half-year sales reach 9,485 million euros, nominal: -6.0%, organic: -5.2%
  • Operating profit* at 1,191 million euros, -27.5%
  • EBIT margin* at 12.6%, -370 basis points
  • Earnings per preferred share (EPS)*: -29.2% to 1.96 euros, -28.2% at constant exchange rates
  • Free cash flow at 938 million euros, net financial position improved
  • No new full-year outlook for 2020 due to continuing market uncertainties
  • Implementation of new agenda for purposeful growth on track

Direct-to-Consumer Business

Jul 31, 2020

Düsseldorf / Germany

Investment in innovative digital business models and premium brands in Beauty Care

Henkel to acquire majority stake in fast-growing direct-to-consumer (D2C) business

  • Further expanding digital D2C platforms in the beauty segment
  • Leveraging 1:1 relationships to capture superior consumer insights
  • Adding strong digital capabilities and unique brand building expertise