Comparable turnover growth
In its previous fiscal year, Henk managed a 16.43 billion euro turnover, up from 16.36 billion euro the year before, which was (+ 3.4 % like-for-like). Its best performer was the Laundry & Home Care division, with a 4.6 % like-for-like turnover growth. Total turnover grew 1 % to 4.63 billion euro.
The Beauty Care division managed a 1 % turnover increase, up to 3.55 billion euro, which is a 2 % like-for-like turnover increase. Adhesive Technologies reached a 8.13 billion euro turnover, which is only a slight increase compared to the year before, although its like-for-like turnover increase is 3.7 %.
Henkel’s North American division experienced negative growth, as its turnover dropped 1.5 % because of strong competition. Exchange rates also affected its turnover growth in several other markets, despite a good like-for-like turnover growth. The company’s net profit grew from 1.59 billion euro to 1.63 billion euro.
For 2015, Henkel expects a 3 – 5 % like-for-like turnover growth although its Eastern European turnover is expected to remain flat because of the continued tension between Russia and Ukraine.
