19.03.2018
Henkel AG & Co. KGaA DE0006048432
DGAP-Adhoc: Henkel AG & Co. KGaA: Slow start in the first quarter 2018 due to delivery difficulties in the consumer goods businesses in North America - Full-year outlook 2018 confirmed for the Group
DGAP-Ad-hoc: Henkel AG & Co. KGaA / Key word(s): Quarter Results
Henkel AG & Co. KGaA: Slow start in the first quarter 2018 due to delivery
difficulties in the consumer goods businesses in North America - Full-year
outlook 2018 confirmed for the Group
19-March-2018 / 08:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Düsseldorf, 2018-03-19T07:30+01:00 (CET)
Slow start in the first quarter 2018 due to delivery difficulties in the
consumer goods businesses in North America - Full-year outlook 2018
confirmed for the Group
In the first quarter 2018, delivery difficulties in North America adversely
affected Henkel's consumer goods businesses. The problems in the supply
chain are due to a change in the transportation and logistics systems used
by Henkel's consumer goods businesses in North America.
Henkel expects the business performance in the first quarter to be affected
by these delivery difficulties. At the same time, Henkel confirms its
full-year outlook 2018 for the Group.
The causes of the delivery difficulties in the North American consumer goods
businesses have been identified and are currently being solved. Henkel
expects to return to its usual service level in the course of the second
quarter. The Adhesive Technologies business as well as the Hair Professional
business are not affected and show a very good development.
Based on current forecast, Henkel expects that the Laundry & Home Care and
Beauty Care business units will close the first quarter with negative
organic sales growth due to the delivery difficulties in North America. In
contrast, the Adhesive Technologies business unit, which generates around
half of Group sales, continues to show strong development. Overall, organic
sales growth for the Group in the first quarter of 2018 is expected to be
slightly positive.
Despite a slow start to the year, Henkel confirms its Group outlook for full
fiscal 2018. Organic growth should still be in the range of 2 to 4 percent,
while Henkel expects for the Beauty Care business unit positive organic
sales growth below this range. In respect of adjusted return on sales
(EBIT), Henkel expects an increase to more than 17.5 percent. Adjusted
earnings per preferred share should increase by between 5 and 8 percent.
Henkel will publish the results of its first quarter on May 9, 2018.
Henkel AG & Co. KGaA
Further information on financial instruments issued by Henkel
Company: Henkel AG & Co. KGaA
Contact: Heinz Nicolas Dept.: CLC / Phone: +49 211 797 4516
Email: [email protected]
Postal 40191 Düsseldorf, Germany
address:
Henkel ISIN DE0006048432 // WKN 604843
preferred
share:
Henkel ISIN DE0006048408 // WKN 604840
ordinary
share:
Stock markets: Regulated market (Prime Standard) on all eight German
stock exchanges
For details of further financial instruments, please go to www.henkel.com/ir
This document contains forward-looking statements which are based on the
current estimates and assumptions made by the corporate management of Henkel
AG & Co. KGaA. Forward-looking statements are characterized by the use of
words such as expect, intend, plan, predict, assume, believe, estimate,
anticipate, forecast and similar formulations. Such statements are not to be
understood as in any way guaranteeing that those expectations will turn out
to be accurate. Future performance and the results actually achieved by
Henkel AG & Co. KGaA and its affiliated companies depend on a number of
risks and uncertainties and may therefore differ materially from
forward-looking statements. Many of these factors are outside Henkel's
control and cannot be accurately estimated in advance, such as the future
economic environment and the actions of competitors and others involved in
the marketplace. Henkel neither plans nor undertakes to update
forward-looking statements.
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19-March-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Henkel AG & Co. KGaA
Henkel Str. 67
40191 Düsseldorf
Germany
Phone: +49 (0)211 797-0
Fax: +49 (0)211 798-4008
E-mail: [email protected]
Internet: www.henkel.de
ISIN: DE0006048432, DE0006048408
WKN: 604843, 604840
Indices: DAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated
Unofficial Market in Tradegate Exchange
End of Announcement DGAP News Service
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