FRANKFURT Feb 20 German consumer goods group
Henkel said weak foreign currencies would continue
to hurt its results in the first half of 2014 as it reported
fourth-quarter sales below expectations.
The group, which makes Persil washing powder and Schwarzkopf
hair products, as well as industrial adhesives, reported
fourth-quarter sales of 3.852 billion euros ($5.3 billion), hurt
by currency effects and against expectations in a Reuters poll
for 4.059 billion euros.
Adjusted earnings before interest and tax were in line with
analyst expectations at 584 million euros.
It proposed an increase in the dividend to 1.22 euros per
preferred share and 1.20 euros per ordinary share from 0.95
euros and 0.93 euros one year ago.
($1 = 0.7271 euros)
(Reporting by Victoria Bryan; editing by Edward Taylor)