Henkel reports improvement in Q3 | Progresiv
Henkel has reported a solid set of results for its fiscal third quarter, helped by improvement in addressing delivery issues that affected its US operations earlier in the year. 
For the three months to 30 September, sales grew by 2.7% to 5 billion euros on an organic basis, while adjusted operating profit was up 3.3% to 926 million euros.
The company’s Beauty Care unit saw sales edge up 0.5%, while Laundry & Home Care reported a 2.5% increase, which was boosted by 3.8% growth at the Adhesive Technologies unit.
CEO Hans Van Bylen noted: “In a continuously challenging market environment with currency headwinds and higher material prices, we further increased sales, earnings and profitability. All three business units contributed to the positive development.”
Bylen also said that Henkel continues to work on regaining shelf space in the US, which it lost earlier this year due to delivery woes. He said the company had recouped slots for brands such as Persil, but was still looking to win back promotional slots for some mid- and lower-priced brands. He noted: “We are working with full focus to get growth back in this business.” (www.kamcity.com)
