By  on August 5, 2009

BERLIN — Second-quarter net profits at German cosmetics and household products company Henkel surged 257 percent to 150 million euros, or $204.3 million at average exchange, primarily because of restructuring charges that had affected the company’s net earnings in the year-ago period.

Earnings before interest and taxes rose 145 percent to 279 million euros, or $380 million. However, after adjusting for onetime gains and restructuring and other charges, EBIT decreased 17.2 percent to 308 million euros, or $419.5 million.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus