Investor Relations

Due to the spread of the coronavirus, Henkel will not be able to hold its Annual General Meeting on April 20, 2020 at the Düsseldorf Congress Center as planned.

• 2019 results, impacted by slowing economic growth and increased investments in consumer businesses and digitalization across the company:
  • Sales rise by 1.1% to 20,114 million euros, organic sales stable
  • Adjusted* EBIT margin at 16.0% ‏(-1.6 pp)
  • Adjusted* earnings per preferred share ‏(EPS) reach 5.43 euros, nominal -9.7%, at constant exchange rates -10.1%
  • Free cash flow: 2,471 million euros ‏(+554 million euros)
  • Dividend** on prior-year level: 1.85 euro per preferred share
• Outlook for 2020: further step-up in growth investments in an uncertain industrial market environment
  • Organic sales growth: 0 – 2%
  • Adjusted* EBIT margin: around 15%
  • Adjusted* EPS: decrease in the mid- to high single-digit percentage range at constant exchange rates

• Setting future direction with new strategic framework
  • Rigorously shape a winning portfolio
  • Accelerate impactful innovations with increased investments
  • Boost sustainability based on strong track record with ambitious targets
  • Transform Digital into a customer and consumer value creator
  • Reshape operating models to be lean, fast and simple
  • Strengthen collaborative culture with empowered people
• Growth agenda underpinned by mid- to long-term financial ambition
  • Organic sales growth of 2 – 4%
  • Adjusted* earnings per preferred share growth in mid- to high single-digit percentage range, at constant exchange rates
  • Focus on free cash flow expansion