Henkel AG & Co KGaA (XBUL:HEN3)

лв 83.66 0 (0%) Market Cap: 62.60 Bil Enterprise Value: 65.33 Bil PE Ratio: 18.70 PB Ratio: 1.64 GF Score: 79/100

Q2 2024 Henkel AG & Co KGaA Earnings Call Transcript

Aug 13, 2024 / 07:00AM GMT

Release Date Price: лв83.66

Transcript

Key Points

Positve

Henkel AG & Co KGaA (HELKF) reported a 2.9% organic sales growth at the group level for the first half of 2024.
The Consumer Brands business delivered a standout performance with 4.3% organic sales growth.
Adhesive Technologies achieved a 2.0% growth, driven by strong performance in the automotive sector and recovery in electronics.
The company recorded a significant margin increase and an EPS increase, supported by portfolio optimization and supply chain efficiencies.
Henkel AG & Co KGaA (HELKF) raised its earnings guidance for the full year 2024, reflecting strong business performance and confidence in meeting mid to long-term financial targets.

Negative

North America sales declined organically by 1.6%, impacted by ongoing portfolio measures and challenging market conditions.
The company faced a challenging environment in the general manufacturing and maintenance business, which remained slightly below the prior year.
Despite strong performance, the Consumer Brands business experienced muted volume growth due to portfolio measures.
Henkel AG & Co KGaA (HELKF) anticipates an increase in raw material prices in the second half of the year, which could impact margins.
The company continues to face competitive pressures and increased promotional intensity in the consumer business, particularly in home care.

Operator

Good morning and welcome to the Henkel conference call. For the duration of the call, you will be on listen-only. (Operator instructions) I will now hand over to Leslie Iltgen, Head of Investor Relations. Please go ahead.

Leslie Iltgen

Henkel AG & Co KGaA - Head of Investor Relations

Thank you and good morning and a warm welcome to everyone joining our call at Henkel's half year performance. I'm Leslie Iltgen, Head of Henkel's Investor Relations. Today, I'm joined by our CEO, Carsten Knobel, and our CFO, Marco Swoboda. Carsten will begin with an overview of the key developments and highlights in the first half.

Marco will then follow with a more detailed review of the financial performance. As always, following the presentation, we will open up the lines and Carsten and Marco will be happy to take your questions.

Before handing over to Carsten, please let me remind you that this call will be recorded and a replay will be made available on our Investor Relations website shortly after this call. By asking a question during the Q&A

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.