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On May 7, Henkel disclosed its first-quarter 2021 performance report
.
Group sales increased nominally by 0.
8% in the first quarter of 2021 to EUR 4,968 million from EUR 4,927 million in the first quarter of 2020
.
Organic sales in emerging markets rose 18.
5% in the first quarter, while organic sales in mature markets rose 0.
5%
.
“We had a very good business performance in the first quarter, with all business segments contributing to it
.
"The significant increase in sales in the first quarter was driven in particular by our Adhesive Technologies business unit, which delivered a strong recovery across all business areas and regions with double-digit organic sales growth
.
Strong recovery across all business areas and regions, with double-digit organic sales growth
.
The consumer business segment performed well compared to the same period last year
.
Although the core mature markets of laundry and home care started to slow down in the first quarter, the business unit continued its successful development with very strong organic sales growth of +4.
1%
.
Looking ahead to the rest of fiscal 2021, Knobel said: "After a strong start to the year, we have raised our guidance and now expect higher growth in both sales and profits for the full year
.
At group level, Henkel now expects organic sales amount will grow +4.
0 to +6.
0%, and adjusted return on sales (EBIT margin) will be in the range of 14.
0% to 15.
0%
.
For adjusted earnings per preferred stock at constant exchange rates, Henkel It is now expected to push the high single-digit percentage range to the mid-teens
.
"
