Henkel AG & Co. KGaA

EANS-News: Henkel AG & Co. KGaA /

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Financial Figures/Balance Sheet

Düsseldorf (euro adhoc) - November 16, 2012

Henkel reports strongest quarterly performance to date

Henkel fully committed to achieving 2012 targets

 - Sales rise 6.6 percent to 4,294 million euros (organic: + 2.5%)
 - Adjusted* operating profit: + 16.7 percent to 631 million euros
 - Adjusted* EBIT margin: + 1.3 percentage points to 14.7 percent
 - Adjusted* earnings per preferred share (EPS): + 16.5 percent to 0.99
 - Sales share of emerging markets increased to 44 percent
 - Free cash flow up more than 50 percent, net debt substantially reduced
 - 2012 targets reconfirmed

Düsseldorf - "Although the market  environment  became  more  difficult  in  the
third quarter  of  2012,  Henkel  continued  its  strong  performance  with  key
financials reaching record levels. We generated profitable  growth  in  all  our
business sectors and realized another substantial increase in our EBIT margin  -
reaching an all-time high. Our performance is based on our clear  commitment  to
our strategic priorities. We are well on track and fully committed to  achieving
our targets for full fiscal 2012," said Henkel CEO, Kasper Rorsted.

"We expect that the volatility and uncertainties in our  markets  will  persist.
Hence, we will continue to adapt and  improve  our  processes  and  structures,"
Rorsted added.

Guidance for 2012 reconfirmed

"Based on our strong  performance  in  the  first  nine  months,  we  are  fully
committed to achieving our targets for 2012. We expect organic sales  growth  to
be between 3 and 5 percent and to increase adjusted EBIT margin to  14  percent.

And we continue to expect growth in adjusted earnings  per  preferred  share  of
around 15 percent," Rorsted said.

Henkel's sales in the third  quarter  of  2012  were  4,294  million  euros,  an
increase of 6.6 percent compared to  the  figure  for  the  prior-year  quarter.
Organic  sales,   which   exclude   the   impact   of   foreign   exchange   and
acquisitions/divestments, rose by 2.5 percent.

All three business sectors contributed to this performance: Laundry & Home  Care
posted solid organic growth of 4.6 percent.  The  Beauty  Care  business  sector
likewise achieved solid organic sales growth amounting to 3.3 percent.  And  the
Adhesive Technologies business sector generated positive  organic  sales  growth
of 1.0 percent.

After allowing for one-time gains, one-time charges and  restructuring  charges,
adjusted operating profit improved by 16.7 percent, from 541  million  euros  to
631 million euros,  with  all  three  business  sectors  contributing.  Reported
operating profit (EBIT) increased from 451 million euros to 586 million euros.

Adjusted  return  on  sales  (EBIT  margin)  increased  significantly   by   1.3
percentage points, from 13.4 percent to 14.7 percent. Reported return  on  sales
was 13.6 percent, following 11.2 percent in the comparable prior-year period.

Henkel's financial result was -42 million euros compared to  -37  million  euros
in the prior-year quarter, the change being due primarily  to  currency  hedging
costs. At 24.8 percent, the tax rate was slightly above the level of the  prior-
year quarter (24.2 percent).

Net income for the quarter rose by 30.3 percent, from 314 million euros  to  409
million euros. After deducting 12 million euros attributable to  non-controlling
interests, quarterly net  income  amounted  to  397  million  euros  (prior-year
quarter:  307  million  euros).  Adjusted  net  income  for  the  quarter  after
deducting non-controlling interests  was  429  million  euros  compared  to  366
million euros in the prior-year quarter.  Earnings  per  preferred  share  (EPS)
increased from 0.71 euros to 0.92 euros. The  adjusted  figure  was  0.99  euros
compared to 0.85 euros in the third quarter of 2011.

Further significant progress was made in the management of net working  capital.
Compared to the prior-year period, the ratio of net  working  capital  to  sales
improved by 1.4 percentage points  to  6.6  percent.  Net  debt  also  showed  a
substantial decrease as of  September  30,  2012,  down  to  612  million  euros
(September 30, 2011: 1,570 million euros).

Business performance January through September 2012

In the first nine months of 2012, Henkel achieved a  strong  increase  in  sales
compared to the prior-year period  of  6.0  percent  to  12,508  million  euros.
Organic sales also showed solid growth with a rise of  3.7  percent  versus  the
first nine months of fiscal 2011. Adjusted operating profit  increased  by  17.3
percent, from 1,528 million  euros  to  1,791  million  euros,  with  all  three
business sectors contributing to  the  improvement.  Adjusted  return  on  sales
(EBIT margin) increased from 12.9 percent to 14.3 percent.

Adjusted net income for the nine months improved by  20.5  percent,  from  1,044
million euros to 1,258 million euros.  After  deducting  income  of  32  million
euros attributable to non-controlling interests (prior-year period:  21  million
euros), adjusted net income for the nine months was 1,226 million euros  (prior-
year period: 1,023 million euros).  Adjusted earnings per preferred share  (EPS)
rose by 19.4 percent, from 2.37 euros to 2.83 euros.
Business sector performance in the third quarter 2012

The Laundry & Home Care business sector continued its solid sales  and  earnings
performance  also  in  the  third  quarter,  with   all   its   key   financials
substantially exceeding those of the third quarter of 2011. Nominal  sales  rose
by 7.6 percent to 1,194 million euros, compared to 1,110 million  euros  in  the
prior-year quarter. Organically, sales rose by 4.6 percent.

All regions contributed to the solid sales performance  achieved.  The  emerging
markets again showed the greatest growth momentum,  with  overall  expansion  in
the high single-digit range. The increase in sales generated  in  Latin  America
came close to double-digit.  Sales in Eastern  Europe  were  also  very  strong,
supported by double-digit growth rates in Russia and Turkey. A  strong  increase
in sales was also  achieved  in  the  Africa/Middle  East  region,  despite  the
political and social unrest in the Middle East.  Henkel  again  posted  positive
sales  growth  in  Western  Europe,  driven  in  particular  by  a  very  strong
performance in France. Within a still weak market environment  in  the  Southern
European Countries, Italy also performed solidly. Sales in North  America  again
improved despite a still declining market.

Adjusted operating profit rose by a substantial  11.3  percent  to  173  million
euros. Adjusted return on sales increased  by  0.5  percentage  points  to  14.5
percent, thus reaching the same high level of the first  two  quarters  of  this
year, with ongoing measures to reduce costs  and  enhance  efficiency  having  a
positive effect. Reported operating profit rose significantly  compared  to  the
prior-year quarter, from 125 million euros to 168 million euros.

The Beauty Care business  sector  again  continued  its  uptrend  in  profitable
growth during the third quarter. Nominal sales totaled 908  million  euros,  5.6
percent above the  860  million  euros  generated  in  the  prior-year  quarter.
Organic sales rose by 3.3 percent.

As  in  the  preceding  quarters,  the  emerging  markets  made  a  particularly
important  contribution  to  Beauty  Care's  solid   sales   performance.   Asia
(excluding Japan) and the Africa/Middle  East  region  continued  to  experience
rapid expansion, generating double-digit growth rates. The  growth  dynamics  in
Latin America eased somewhat. Overall, sales in the  mature  markets  increased.
There was solid sales growth in Western Europe, despite  the  negative  economic
conditions and persistently weak market  environment.  North  America  developed
very positively with a strong increase  in  sales  compared  to  the  prior-year
quarter. However, the mature markets in the Asia-Pacific region  remained  below
the level of the third quarter of 2011.

Adjusted operating profit increased by 8.6 percent  to  133  million  euros.  At
14.7 percent, adjusted  return  on  sales  improved  by  0.4  percentage  points
compared to the third quarter of 2011. Reported  operating  profit  totaled  114
million euros compared  to  111  million  euros  in  the  comparable  prior-year

The  Adhesive  Technologies  business  sector  continued  its   positive   sales
development in the third quarter of 2012. Nominal sales rose by 6.6  percent  to
2,153 million euros, with organic growth coming in at 1.0 percent.

Overall, the emerging markets contributed to the improvements made with a  solid
increase in sales. Particular momentum came from the regions of Asia  (excluding
Japan) and Eastern Europe. Sales in Africa/Middle East likewise showed  a  solid
development. By contrast, sales in Latin America fell slightly below  the  level
of the prior-year quarter. Sales in  Western  Europe  likewise  declined.  Here,
Henkel was unable to completely offset the  effects  of  the  negative  economic
conditions prevailing - particularly  those  encountered  in  the  countries  of
Southern Europe. On the other hand, the businesses in  North  America  posted  a
solid increase in sales overall.

Adjusted operating profit again increased by a substantial 18.3 percent  to  345
million euros. Adjusted return on  sales  improved  by  1.6  percentage  points,
reaching 16.0 percent for the first time. Compared to  the  prior-year  quarter,
reported operating profit rose by 29.5 percent to 329 million euros.
Regional performance

In a highly competitive market environment, sales in the Western Europe  region,
which accounts for around one third of total sales, amounted  to  1,423  million
euros,  matching  the  level  of  the  prior-year  quarter.  Organically,  sales
decreased slightly, by 0.8 percent,  attributable  primarily  to  the  recessive
trend in economic activity prevailing in Southern Europe. Sales in  the  Eastern
Europe region rose by 6.5 percent to 825 million euros.  Organic growth came  in
at 4.3 percent, with the company's businesses in  Turkey  and  Russia  making  a
major contribution.  Sales  in  the  Africa/Middle  East  region  rose  by  12.2
percent to 265 million euros.  Organic sales growth was 6.3  percent,  with  all
the company's business sectors contributing.

Sales of the North America region rose by 13.0 percent  to  790  million  euros.
Organically, sales grew by 2.8 percent despite a reluctant consumer climate.  At
272 million euros, sales in the Latin America region  remained  roughly  at  the
prior-year level. Organic sales growth amounted to 1.5  percent,  with  business
performance in Mexico making a particularly important  contribution.  The  Asia-
Pacific region registered sales growth of 16.1 percent to 680 million euros.  In
organic terms, sales rose by 6.6 percent, driven in particular  by  double-digit
growth in China.

Sales growth was again given a major boost by the emerging  markets  of  Eastern
Europe, Africa/Middle East, Latin America  and  Asia  (excluding  Japan),  where
sales rose by 10.1 percent to 1,885 million euros. Organic  sales  rose  by  5.9
percent. The share of sales attributable to the emerging markets increased  from
43 percent of consolidated sales in the prior-year quarter, to 44 percent.

Sales and earnings forecast 2012

Henkel continues to expect organic sales growth of between 3 and 5  percent  for
full fiscal 2012. Henkel is confident of continuing  the  positive  growth  path
exhibited by its consumer goods  businesses,  with  organic  sales  expected  to
expand in the low single-digit percentage range. For the  Adhesive  Technologies
business sector, Henkel expects organic sales to grow in  the  mid  single-digit
percentage range. Henkel confirms its forecast for an adjusted return  on  sales
(EBIT) of 14 percent  (2011:  13.0  percent).  In  its  report  for  the  second
quarter, Henkel specified its guidance for the  increase  in  adjusted  earnings
per preferred share (2011 figure: 3.14 euros) with a revised  expectation  since
then of around 15 percent (previously: at least 10 percent).

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 the  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.


Lars Witteck                            Wulf Klüppelholz
Tel.  +49 211 797 - 2606                Tel. +49 211 797 - 1875
Fax   +49 211 798 - 4040                Fax  +49 211 798 - 4040
E-mail: lars.witteck@henkel.com      E-mail: wulf.klueppelholz@henkel.com

Henkel AG & Co. KGaA

The report for the third quarter of 2012 and other information with download
material and the link to the press conference broadcast can be found in our
press folder on the internet at:


Further inquiry note:
Irene Honisch
Assistent Corporate Communications
Tel.: +49 (0)211 797-5668
E-Mail: irene.honisch@henkel.com

end of announcement                               euro adhoc 

company:     Henkel AG & Co. KGaA
             Henkelstr. 67
             D-40191 Düsseldorf
phone:       +49 (0)211 797-0
FAX:         +49 (0)211 798-4008
WWW:      http://www.henkel.com
sector:      Consumer Goods
ISIN:        DE0006048432, DE0006048408
indexes:     DAX, CDAX, HDAX, Prime All Share
stockmarkets: free trade: Hannover, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing: Berlin, regulated dealing/prime standard:
language:   English

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