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Henkel expects Q1 2021 sales to grow around 7%

 Last Update: 2022-08-27
 Source: Internet
 Author: User

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On March 31, Henkel announced that it expects strong growth in organic sales in the first quarter of 2021

Carsten Knobel, CEO of Henkel, said: "Despite the ongoing COVID-19 situation, we expect Henkel to report very good results in the first quarter of the year, especially in the Driven by the Adhesive Technologies business unit

Against the backdrop of a recovery in industrial demand in the first quarter, the Adhesive Technologies business unit is expected to achieve organic sales growth of around 12.
5 percent, according to preliminary data

Henkel expects the Beauty Care business unit to achieve positive organic sales growth of around 1.
0%, especially as a result of market headwinds related to the pandemic

Although the core mature markets of laundry and home care are starting to slow, preliminary data for the business unit showed strong organic sales growth of around 3.
5% in the first quarter

Henkel will provide more details and context in its quarterly report for the first quarter of 2021 to be published on May 6, 2021

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