Henkel reported 50% profit growth in Q4 2015

Henkel

HenkelGerman manufacturer of consumer goods Henkel reported 50% yoy profit growth in Q4 2015 to 446 million EUR, supported by sustained increases in all business segments. The company succeeded to increase sharply profit mostly due to stable revenues and profits respectively from sales of cosmetics, household goods and adhesives. The company revenues for Q4 2015 amounted to 4.4 billion EUR, representing an increase of 6.8% yoy. Also the year-on-year growth of the net profit is significantly based on high restructuring and impairments cost in Q4 2014. The revenues of Henkel for Q4 2015 amounted to 4.4 billion EUR, representing an increase of 6.8% yoy.

“Despite of the difficult economic environment, we had strong financial performance, we continued to successfully implement its strategy and laid the solid foundation for future”, said the CEO of Henkel, Kasper Rorsted.

In 2015, Henkel reported 19% profit growth to 1.9 billion EUR, as revenues amount to 18 billion EUR. In 2016, the company reduced the sales growth between 2% and 4%.

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Viliyana Filipova
My name is Viliyana Filipova and I’m working as content writer and analyst of Business News Feeds Journal. I'm writing about finance statements, business analyze and employment for Central and Eastern Europe, Russia and Middle East.

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