Helped by the fast-closing of the Sun Products acquisition, the business has already contributed to sales in September. Q3 sales were up +3% to €4,748m, whereas the gross profit margin weakened by 30bp to 48.3%. EBITDA went up +16% to €907m and net profit attributable to shareholders ramped up +19% to €576m. Operating CF strongly improved (+33% to €1,019m) based on higher profitability and propelled by a stronger NWC inflow (€263m after €174m) mainly due to highe
08 Nov 2016
Let Sun shine on Laundry Care
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Let Sun shine on Laundry Care
Henkel AG & Co. KGaA Pref (HEN:WBO) | 0 0 0.0% | Mkt Cap: 47,187m
- Published:
08 Nov 2016 -
Author:
Martin Schnee -
Pages:
3
Helped by the fast-closing of the Sun Products acquisition, the business has already contributed to sales in September. Q3 sales were up +3% to €4,748m, whereas the gross profit margin weakened by 30bp to 48.3%. EBITDA went up +16% to €907m and net profit attributable to shareholders ramped up +19% to €576m. Operating CF strongly improved (+33% to €1,019m) based on higher profitability and propelled by a stronger NWC inflow (€263m after €174m) mainly due to highe