Daily Management Review

Henkel generates €16.889B in revenue in January through September


According to its interim financial statement, Germany's Henkel AG, one of the top producers of industrial and home chemicals, recorded a 12.5% growth in revenues to €16.889 billion in the first three quarters of the year.

The company also announced organic revenue growth of 9.7% in the first three quarters.

In the three quarters, organic sales growth in Eastern Europe grew by 23.8% and by 2.7% in Western Europe. Both North America and Asia had growth of 8.5% and 8.5%, respectively.

The company reported organic sales increase of 11.3% year over year in the third quarter. The total amount of revenue for the quarter was €5.976 billion, up 17.3 percent from 2021.

For the quarter, organic sales growth was 7.1% in North America, 3.9% in Western Europe, 13% in Asia, and 25.2% in Eastern Europe.

source: bloomberg.com