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| Name | Symbol | Market | Type |
|---|---|---|---|
| Henkel AG and Company KGAA (PK) | USOTC:HENKY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.19 | 0.96% | 19.90 | 19.51 | 20.26 | 20.03 | 19.80 | 19.88 | 227,126 | 21:16:27 |
From Jun 2022 to Jun 2024
By Kim Richters
Henkel AG & Co. KGaA on Tuesday raised its sales guidance for the current year thanks to the performance at its adhesive-technologies unit.
The German consumer-goods company is targeting organic sales growth on a group level of 5.5% to 7.5% in 2022, compared with a previous outlook of 4.5% to 6.5%. It also raised this year's organic sales target for the adhesive-technologies unit to 10.0%-12.0% from 8.0%-10.0%, as the business continued to show a strong sales performance in the third quarter.
The company confirmed other group targets for 2022, as well as mid- to long-term financial objectives.
Henkel's strategic plan for its consumer-brands business, which consists of its laundry-and-home-care and beauty-care units, is ahead of the initial timeframe, it said.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
September 20, 2022 02:16 ET (06:16 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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