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Henkel Lifts FY22 Sales View

Henkel AG & Co. KGaA (HENOY.PK,HENKY.PK), a German chemical and consumer goods firm, on Tuesday said it is raising sales outlook for fiscal 2022 in view of the continued strong sales growth in Adhesive Technologies segment.

For the full-year, the Group now projects its organic sales growth to be in the range of 5.5 percent to 7.5 percent as against its previous projection of 4.5 percent to 6.5 percent.

For the 12-month period, the company now expects an organic sales growth of 10 percent to 12 percent for the Adhesive Technologies segment, higher than its previous view of 8 percent to 10 percent.

For the fiscal 2021, Henkel Group sales were at 20.07 billion euros. This corresponds to a nominal year-over-year growth of 4.2 percent and to a significant organic sales growth of 7.8 percent.

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