Henkel reports record sales and earnings

The year 2016 was a very successful year for Henkel and in a challenging market environment, it again achieved new record levels for sales and earnings and met financial targets for the fiscal year.

At 18,714 million Euros, sales in the fiscal year 2016 reached a new record level and grew by 3.5% compared to the previous year. This after adjustment for foreign exchange effects, translated to 7.1%. Organic sales, which exclude the impact of foreign exchange and acquisitions/divestments, showed a solid increase of 3.1%.

All three business units contributed to this positive performance and the company reported operating profit (EBIT) amounted to 2,775 million Euros compared to 2,645 million Euros in the previous year and the net income increased by 6.9% from 1,921 million Euros to 2,053 million Euros.

The emerging markets continued their successful performance with strong organic sales growth, with double-digit increases in the Latin America region and strong growth in the Eastern Europe region. Sales in Asia (excluding Japan) showed a solid development.

From a regional perspective, business performance was very strong in the emerging markets. Eastern Europe and Latin America achieved double-digit organic sales growth. Sales in Asia (excluding Japan) and in Africa/West Asia showed a positive development. In Western Europe and in the mature markets of the Asia-Pacific region, sales were lower year-on-year.

 

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