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Henkel & Co KGaA AG (HNKG_p.DE)

HNKG_p.DE on Xetra

106.55EUR
2 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Henkel has financial flexibility for further acquisitions
Thursday, 11 Aug 2016 05:03am EDT 

Henkel : CFO says have committed ourselves to 3.7 billion eur in expenses for takeovers this year, so far 440 million paid out . CFO says still have financial flexibility for further acquisitions Further company coverage: [HNKG_p.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Church & Dwight co comments on market speculation
Thursday, 19 May 2016 10:35am EDT 

Church & Dwight Co Inc : Church & Dwight comments on market speculation . Not engaged in discussions with, nor has it received any proposal or communication concerning a potential bid for company . Company is not engaged in discussions with, nor has it received any proposal or communication concerning a potential bid for company . Not aware of any information supporting market speculation .Says is not aware of any information supporting rumors.  Full Article

Henkel AG & Co. KGaA to acquire hair care brands from P&G
Thursday, 3 Mar 2016 06:00am EST 

Henkel AG & Co. KGaA:To acquire range of leading hair care brands.Signed an agreement with Procter & Gamble to acquire a range of hair care brands with focus on the Africa/Middle East and Eastern Europe regions.  Full Article

Henkel AG & Co. KGaA gives FY 2016 outlook, to propose increased dividend
Thursday, 25 Feb 2016 01:31am EST 

Henkel AG & Co. KGaA:Expects to generate organic sales growth of 2 to 4 percent in FY 2016.Expects its margin on adjusted earnings before interest and tax (EBIT) to widen to 16.5 percent for FY 2016, from 16.2 percent last year.To propose an increase in the dividend per preferred share of 12.2 percent to 1.47 euros (previous year: 1.31 euros) and an increase in the dividend per ordinary share of 12.4 percent to 1.45 euros (previous year: 1.29 euros).  Full Article

Henkel AG & Co. KGaA CEO says adhesives restructuring to be done by Q2 - Reuters
Wednesday, 24 Feb 2016 08:46am EST 

Henkel AG & Co. KGaA:Restructuring of Henkel's HNKG_p.DE adhesives business is on track and will be completed no later than the second quarter, outgoing Chief Executive Kasper Rorsted said on Thursday. - RTRS.Henkel is cutting 1,200 jobs worldwide at its adhesives divisions, accelerating its cost savings programme in response to a tough market environment.The adhesives division accounts for half of group sales and employs around 27,000 people, more than half of group staff.  Full Article

Henkel AG & Co. KGaA appoints Hans Van Bylen as new CEO
Monday, 18 Jan 2016 04:13am EST 

Henkel AG & Co. KGaA:Kasper Rorsted will leave the Henkel Management Board by mutual agreement at the end of April.Hans Van Bylen appointed as new CEO.  Full Article

Henkel AG & Co. KGaA challenges Coty's Brazil purchase before antitrust watchdog - Reuters
Tuesday, 22 Dec 2015 12:36pm EST 

Henkel AG & Co. KGaA:Henkel & Co KGAa AG filed on Tuesday a request with Brazilian antitrust regulators to review a decision to approve Coty Inc's purchase last month of Hypermarcas SA's beauty care unit - RTRS.Henkel is challenging a Dec. 7 decision by antitrust watchdog Cade to approve Coty's acquisition with no conditions of dozens of brands and several factories that Hypermarcas owned - RTRS.In a document, Brazilian law firm Levy Salomão, which represents Henkel in the matter, said Cade failed to consider the combined impact of the Hypermarcas deal with Coty's recent acquisition of Procter & Gamble Co's beauty care products - RTRS.Both transactions would allegedly give Coty as much as a 35% market share in Brazil's hair coloring market, the document said - RTRS.Coty agreed in July to pay P&G $12.5 bln for 43 brands, and also offered in Nov about $1 billion to buy Hypermarcas's beauty care unit. "The combined effect of these transactions will substantially change the Brazilian cosmetics and personal care industries", the document said - RTRS.The petition will be analyzed by Cade councilor João Paulo Resende. Should he find Henkel's petition valid, the request will be analyzed and discussed by Cade's board of councilors - RTRS.Henkel challenged Cade's initial approval since the former was found to be an interested third party in the transaction. Henkel competed for the Hypermarcas and P&G deals, according to a source with direct knowledge of the matter - RTRS.  Full Article

Henkel AG & Co. KGaA comments on FY 2015 outlook
Wednesday, 11 Nov 2015 01:30am EST 

Henkel AG & Co. KGaA:Henkel has specified its guidance for organic sales growth for FY 2015 and now expects growth of approx. 3 pct.Confirms its guidance for adjusted return on sales (EBIT) and continues to expect increase to around 16 pct and that all business units will contribute to this improvement.  Full Article

Henkel & Co. KGaA to cut 1,200 jobs in adhesives division - Reuters
Thursday, 1 Oct 2015 08:43am EDT 

Henkel & Co. KGaA:Says it plans to cut 1,200 jobs worldwide in its adhesives division, accelerating its cost savings programme in reaction to a difficult market environment - Reuters.Says missed expectations for sales growth in the second quarter, mainly due to a slowdown in its adhesives business in North America and China.Henkel employs around 50,200 people.  Full Article

Henkel AG & Co. KGaA reaffirms FY 2015 outlook
Wednesday, 12 Aug 2015 01:30am EDT 

Henkel AG & Co. KGaA:Reiterates it expects 2015 organic sales growth of 3 to 5 percent and its adjusted EBIT margin to rise to around 16 percent from 15.8 percent in 2014.  Full Article

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Under new CEO, Henkel looks to develop online business

DUESSELDORF, Germany German consumer goods group Henkel wants to step up digital sales of its core brands, focusing on emerging markets and a younger generation which is increasingly shopping online, its chief executive said on Thursday.