Henkel operates globally with a well-balanced and diversified portfolio. The company holds leading positions with its three business units in both industrial and consumer businesses thanks to strong brands, innovations and technologies. Founded in 1876, Henkel looks back on more than 140 years of success. Henkel’s preferred shares are listed in the German stock index DAX. The DAX-30 company has its headquarters in Düsseldorf, Germany. Henkel employs about 53,000 people worldwide, around 85 percent of whom work outside of Germany. As a recognized leader in sustainability, Henkel holds top positions in many international ratings and rankings.
In the fiscal year 2020, the company reported sales of 19.3 billion euros and an operating profit of 2.6 billion euros (adjusted for one-time gains/charges and restructuring charges).
Three globally operating business units
Our company purpose expresses what unites us all at Henkel: Pioneers at heart for the good of generations. We are a diverse team of about 53,000 colleagues worldwide, striving to enrich and improve life every day through our products, services, and solutions. Our Purpose is built from our roots and carries a long-standing legacy of innovation, responsibility, and sustainability into the future. Our shared values and Leadership Commitments guide our decisions and actions every day.
At Henkel, we shape our future guided by a long-term strategic framework based on our purpose and our values.
This framework will help us to win the 20s for Henkel with a clear focus on purposeful growth. This means creating superior customer and consumer value to outgrow our markets, reinforcing our leadership in sustainability and enabling our employees to grow, professionally and personally, through their work at Henkel.
The main elements of our strategic framework are a winning portfolio, competitive edge in the areas of innovation, sustainability and digital as well as future-ready operating models, underpinned by a strong foundation of a collaborative culture and empowered people.
For more information on the strategic framework go to https://www.henkel.com/company/strategy
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.
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.
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