Plus   Neg

Henkel Issues AGM Statement - Quick Facts

At the Annual General Meeting of Henkel (HENKY.PK), CEO Carsten Knobel reaffirmed the company's long-term strategic focus on purposeful growth. He said the company will rigorously drive forward digitalization in all areas and become even more efficient and faster.

Regarding the current situation in the COVID-19 crisis, Knobel said: "The underlying economic environment has changed fundamentally for the current year. We are seeing demand collapsing across many branches of industry as well as rapidly rising unemployment in many countries. This is also impacting our businesses."

Henkel strives to be a climate-positive company by 2040. In its consumer goods businesses, all packaging will be recyclable or reusable by 2025.

The company proposed to its shareholders a dividend at the previous year's level.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Amazon.com, Inc. can be held liable for damages caused by defective goods sold on its Marketplace including third parties, according to a ruling by a California appeals court. The California Fourth District Court of Appeals was pronouncing the ruling in a case where a defective replacement laptop battery caught fire and inflicted a woman with third-degree burns. Facebook has launched "Voting Information Center" on Facebook and Instagram platforms, with a view to boosting the number of Americans vote in the upcoming U.S. presidential election in November. The social media giant's latest initiative is expected to help 4 million voters register this year, and help them navigate a 'confusing election process'. Epic Games Inc., the developer of popular game Fortnite, has filed lawsuits against both Apple Inc. and Google after they removed the game from their app stores. The development reflects disputes related to app store fee the tech giants take from each purchase. Epic Games, which has been against the 30 percent revenue cut the two tech giants take from paid apps, added a direct payment option.
Follow RTT