Key Developments: Henkel AG & Co KGaA (HNKG_p.DE)
76.60EUR
11:35am EDT
€-0.59 (-0.76%)
€76.44
€77.34
€77.45
€76.02
602,662
639,111
€78.72
€49.22
Latest Key Developments (Source: Significant Developments)
Henkel AG & Co. KGaA Confirms FY 2013 Guidance
Henkel AG & Co. KGaA announced that it confirms its fiscal year 2013 guidance and thus still expects organic sales growth to be between 3% and 5%, adjusted EBIT margin to increase to approximately 14.5% and adjusted earnings per preferred share to grow by approximately 10%. Full Article
Henkel AG & Co. KGaA Issues FY 2013 EBIT Increase and Organic Sales Growth Guidance
Henkel AG & Co. KGaA announced that for the fiscal year 2013, it expects adjusted return on sales (EBIT) to increase to approximately 14.5% (in the fiscal year 2012: reported 14.1%). The Company also expects to generate organic sales growth of 3% to 5% in the fiscal year 2013. Full Article
Henkel AG & Co. KGaA to Propose FY 2012 Dividend
Henkel AG & Co. KGaA announced that Management Board, Supervisory Board and Shareholders' Committee of the Company propose that the Annual General Meeting approves the fiscal year 2012 dividend of EUR 0.95 per preferred share and of EUR 0.93 per ordinary share. For the fiscal year 2011, the Company issued a dividend of EUR 0.80 per preferred share and of EUR 0.78 per ordinary share. Full Article
Henkel AG & Co. KGaA Issues Outlook up to FY 2016 In Line with Analysts' Estimates
Henkel AG & Co. KGaA announced that by the fiscal year 2016, it intends to grow its sales to EUR 20,000.00 million. For adjusted earnings per preferred share (EPS), the Company targets a compound annual growth rate (CAGR) of 10% until the fiscal year 2016. For the fiscal year 2011 the Company reported EPS of EUR 3.14. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2016 revenue of EUR 19,745.76 million and fiscal year 2016 EPS of EUR 5.12. Full Article
Henkel AG & Co. KGaA Reaffirms FY 2012 Guidance
Henkel AG & Co. KGaA announced that it expects fiscal year 2012 organic sales growth to be between 3% and 5% and to increase adjusted EBIT margin to 14%. The Company also expects expect growth in adjusted earnings per preferred share of approximately 15%. Full Article
Henkel AG & Co. KGaA To Set Up New Flexi-packing, Haircare Unit-Business Standard
Business Standard reported that Henkel AG & Co. KGaA is planning to set up a greenfield facility for manufacturing flexible packaging material and haircare products. The proposed facility is part of company's new strategic plan, following the Company's divestment in its Indian FMCG retail business to Jyothy Laboratories in 2011. The facility will to both flexi-packing and other businesses of the Company. Full Article
Kao Corp Announces Settlement of Lawsuit with Henkel AG & Co. KGaA and Schwarzkopf & Henkel K.K.
Kao Corp announced that it has reached a settlement of a lawsuit, which Kao filed against Henkel AG & Co. KGaA and its Japan-based group company Schwarzkopf & Henkel K.K. in Germany and Japan, regarding the violation of intellectual property rights of Kao’s hair coloring products. Full Article
Henkel AG & Co. Confirms FY 2012 Guidance
Henkel AG & Co. announced that it expects to achieve its guidance for the fiscal year 2012. The Company expects its revenue to grow in the range of between 3% and 5%, EBIT to grow by 14% and earnings per share (EPS) to grow by 15%. In the fiscal year 2011, Henkel AG & Co. reported revenue of EUR 15,605 million, EBIT of EUR 2,029 million and EPS of EUR 3.14. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2012 revenue of EUR 16,527.77 million, EBIT of EUR 2,279.25 million and EPS of EUR 3.63. Full Article
4SC AG's Subsidiary 4SC Discovery GmbH Starts Research Collaboration with Henkel AG & Co.
4SC AG announced that its subsidiary 4SC Discovery GmbH has entered into research collaboration with Henkel AG & Co. (Henkel), Duesseldorf, in the area of compound screening. The aim of the joint research project is to identify new laundry detergent ingredients. For its part, 4SC Discovery GmbH will perform property calculations on several million substances. Henkel will then use application testing to determine the substances most suitable for new detergent formulations. Within the partnership, 4SC Discovery GmbH will utilise the computerised screening method that it has deployed for several years to identify potent new therapeutic compounds for the pharmaceuticals sector. Full Article
Henkel AG & Co. Signs EUR 800 Million Credit Facility
Henkel AG & Co. announced that it has signed its five-year, EUR 800 million revolving credit facility which will be used as back up for its commercial paper programmes. The new loan, which includes a USD 300 million swingline facility, completes the refinancing of Henkel's EUR 2.1 billion backstop facility that was originally agreed in April 2005, after Henkel agreed a EUR 700 million, five-year facility in March 2010. The loan was coordinated by Citigroup and Deutsche Bank. Banco Santander, Bank of America, BNP Paribas, HSBC Trinkaus & Burkhardt, JP Morgan, Royal Bank of Scotland, and UniCredit Bank were also bookrunners on the transaction. Full Article
Henkel CEO says up to 4 billion euros available for big acquisition
DUESSELDORF, Germany - German consumer goods group Henkel has around 3.5-4 billion euros ($4.6-$5.2 billion) to play with for a large acquisition, the company's chief executive said on Monday.
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