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Henkel Reports Strong Organic Sales Growth In 2Q 2014

August 12, 2014: 12:00 AM EST
Henkel reported organic sales increased 3.3 percent in the second quarter of 2014. Due to the effects of foreign exchange rates, however, sales fell 3.5 percent to €4.137 billion. Henkel’s Laundry & Home Care business reported organic sales grew 4.2 percent, while Beauty Care saw a 2.1 percent increase in organic sales. According to the company, adjusted operating profit increased 2.1 percent to €674 million, compared with €660 million in the same period of the previous year. Adjusted EBIT margin rose 0.9 percent to 16.3 percent, while adjusted earnings per preferred share rose 8.4 percent to €1.16, Henkel said. The company also revealed organic sales grew 6.5 percent in emerging markets during the quarter.
"Henkel delivers good performance in second quarter", Henkel, August 12, 2014, © Henkel AG & Co. KGaA
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