By  on November 14, 2017

PARIS – Henkel AG on Tuesday raised its earnings forecast for the full year, after reporting adjusted net income increased 8.1 percent and sales advanced 4.9 percent in the third quarter, bolstered by all of the company’s business units – beauty care, laundry and home care, and adhesive technologies.

The German maker of Dial, Schwarzkopf, Persil and Loctite maintained its guidance for organic sales growth of 2 percent to 4 percent in 2017, yet said it foresees a gain of around 9 percent for adjusted earnings per preferred share, up from the formerly reported 7 percent to 9 percent.

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