Henkel achieved organic sales of 10.9 billion euros in the past six months, up 4.9 per cent. Operating profit even rose by 7.6% to 1.3 billion euros. Operating profit (EBIT) rises significantly to 1,254 million euros (+7.6 percent) and EBIT margin with strong increase to 11.5 percent.

Henkel significantly increased sales and earnings in the first half of 2023 in a persistently challenging economic environment.

“We achieved very strong growth in both business units. At the same time, we succeeded in significantly improving our earnings despite the continuing headwinds from high material and logistic prices. Following the strong performance in the first half of the year, we are confident for the remainder of the year and have significantly raised our full-year guidance for sales and earnings,” said Henkel CEO Carsten Knobel.

“We also made good progress in implementing our strategic growth agenda in the first six months of the year. In the Consumer Brands business unit, we are advancing the integration faster than planned. At the same time, we are consistently sharpening our portfolio towards high-margin and high-growth brands and products. This is also reflected in the earnings of the business unit. In the Adhesive Technologies business unit, we have aligned the organizational structure even more closely to our customers to expand our leading global position and further increase growth momentum. In addition, we are driving forward important initiatives in the areas of sustainability and digitalization to further enhance our competitive position,” explained Carsten Knobel.

Outlook for fiscal 2023 raised

At Group level, Henkel now expects organic sales growth of 2.5 to 4.5 per cent in fiscal 2023 (previously: 1 to 3%). For the Adhesive Technologies business unit, growth is expected to be in the range of 2 to 4 per cent (previously: 1 to 3%), and for the Consumer Brands business unit, between 3 to 5 per cent (previously: 1 to 3%).