BERLIN — Henkel AG posted fourth-quarter 2011 net income of 304 million euros, or $410.2 million, a 20 percent gain versus the same prior-year period.


The Düsseldorf-based consumer goods and adhesives company said its operating profit rose 12.3 percent to 502 million euros, or $677.4 million. Group sales increased 1.9 percent to 3.8 billion euros, or $5.13 billion.


In 2011, expansion in emerging markets drove up net income 12.2 percent to 1.29 billion euros, or $1.8 billion, and adjusted operating profit improved by 9 percent to 2.03 billion euros, or $2.83 billion.


Group sales for the year were up 3.4 percent to 15.61 billion euros, or $21.76 billion, while organic revenues increased 5.9 percent.


Dollar figures are converted from the euro at the average exchange rate for the period to which they refer.


Henkel’s cosmetics and toiletries division, which includes the brands Dial, Fa and Schwarzkopf, grew sales 4 percent to 3.4 billion euros, or $4.74 billion, and 5.4 percent on an organic basis. Adjusted operating profit (EBIT) gained 10.5 percent to 482 million, or $671.8 million.


Henkel chief executive officer Kasper Rorsted stated that despite a challenging economic environment, the group is confident of achieving its fiscal 2012 targets it set in 2008. Henkel expects organic sales growth for 2012 to be between 3 percent and 5 percent, with an adjusted EBIT margin of 14 percent and adjusted earnings per preferred share to improve by at least 10 percent.


At the annual general meeting on April 16, Henkel’s management board, supervisory board and shareholders’ committee will propose a higher dividend of 0.80 euros, or $1.05 at current exchange, per preferred share and 0.78 euros, or $1.03, per ordinary share, an increase of 11 percent.


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