DGAP-Adhoc: Henkel AG & Co. KGaA: Outlook 2020
DGAP-Ad-hoc: Henkel AG & Co. KGaA / Key word(s): Forecast Düsseldorf, 2019-12-12T17:40+01:00 (MEZ) For the business units Beauty Care and Laundry & Home Care, the company expects good organic sales growth, while growth in the Adhesive Technologies business unit will presumably be impacted by the uncertainty in industrial demand. Overall, Henkel expects on Group level organic sales growth of 0 to 2 percent. For the current fiscal year 2019, Henkel from today's perspective expects the organic sales development to be approximately stable. In view of an uncertain industrial environment and investments in marketing and advertising as well as digitalization and IT expected to increase versus 2019 in order to sustainably strengthen the business in the long-term, Henkel expects earnings to be negatively impacted in the fiscal year 2020. The adjusted EBIT margin for 2020 is expected to reach around 15 percent compared to an expected EBIT margin of around 16.2 percent in 2019. From today's perspective, Henkel expects adjusted earnings per preferred share (EPS) in 2020 to decrease by a mid to high single-digit percentage at constant exchange rates compared to an expected figure of around 5.45 euros in fiscal 2019. Henkel AG & Co. KGaA
For further financial instruments see www.henkel.com/ir This information 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, etc. 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 any forward-looking statements.
12-Dec-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Henkel AG & Co. KGaA |
Henkel Str. 67 | |
40191 Düsseldorf | |
Germany | |
Phone: | +49 (0)211 797-0 |
Fax: | +49 (0)211 798-4008 |
E-mail: | [email protected] |
Internet: | www.henkel.de |
ISIN: | DE0006048432, DE0006048408 |
WKN: | 604843, 604840 |
Indices: | DAX |
Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange |
EQS News ID: | 934889 |
End of Announcement | DGAP News Service |
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934889 12-Dec-2019 CET/CEST
Henkel AG & Co. KGaA VZO Stock
The community is currently still undecided about Henkel AG & Co. KGaA VZO with 2 Buy predictions and 0 Sell predictions.
As a result the target price of 85 € shows a slightly positive potential of 5.8% compared to the current price of 80.34 € for Henkel AG & Co. KGaA VZO.