Q3 sales were up +8% (organic: +3%) to €4,590m and the gross profit margin improved from 47.0% to 48.6%. EBITDA increased +11% to €781m and net profit attributable to shareholders came in +10% at €484m. Operating CF was pretty much unchanged at €769m (€776m), which does not reflect the better operating performance and higher D/A. NWC inflow came down from €220m to €175m primarily driven by a swing in receivables to an inflow. As a percentage of sales, NWC de
11 Nov 2015
Good organic growth and guidance update
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Good organic growth and guidance update
Henkel AG & Co. KGaA Pref (HEN:WBO) | 0 0 0.0% | Mkt Cap: 47,187m
- Published:
11 Nov 2015 -
Author:
Martin Schnee -
Pages:
3
Q3 sales were up +8% (organic: +3%) to €4,590m and the gross profit margin improved from 47.0% to 48.6%. EBITDA increased +11% to €781m and net profit attributable to shareholders came in +10% at €484m. Operating CF was pretty much unchanged at €769m (€776m), which does not reflect the better operating performance and higher D/A. NWC inflow came down from €220m to €175m primarily driven by a swing in receivables to an inflow. As a percentage of sales, NWC de