Henkel’s sales statement had a surprise up its sleeve as the hair business showed a stylish ‘cut’. Outside Europe, hair salons were regionally less closed than expected. Adhesive Technologies and Laundry & Home Care reported the expected pattern. The higher group guidance looks quite good at first sight, but it focuses on adjusted figures.
Figures were ahead our expectations and broadly in line with consensus (+1% beat).
06 May 2021
Beauty Care’s unexpected resilience
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Beauty Care’s unexpected resilience
Henkel AG & Co. KGaA Pref (HEN3:ETR) | 0 0 0.0%
- Published:
06 May 2021 -
Author:
Martin Schnee -
Pages:
3
Henkel’s sales statement had a surprise up its sleeve as the hair business showed a stylish ‘cut’. Outside Europe, hair salons were regionally less closed than expected. Adhesive Technologies and Laundry & Home Care reported the expected pattern. The higher group guidance looks quite good at first sight, but it focuses on adjusted figures.
Figures were ahead our expectations and broadly in line with consensus (+1% beat).