Henkel: outlook raised for 2023

(CercleFinance.com) - On its quarterly publication, Henkel has raised its outlook for FY 2023, now anticipating adjusted EPS growth of +15% to +25% at constant exchange rates, tightened up from +5% to +20% forecast previously.


Likewise, the German consumer staples group now expects an adjusted EBIT margin of 11.5% to 12.5% (vs. 11% to 12.5% previously) and organic sales growth of 3.5% to 4.5% (vs. 2.5% to 4.5% previously).

In Q3, the operator of brands such as Le Chat, X-TRA and Loctite recorded sales of around E5.4bn, with organic growth of 2.8%, thanks to ongoing high prices to reflect raw material costs.


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