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Henkel Posts Rise In Q2 Earnings, Lifts Full-Year Forecast

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Henkel AG & Co KGaA (OTC: HENOY) reported a rise in its earnings for the second quarter and lifted its earnings forecast for the full year.

Henkel's quarterly sales surged 6.4% to 4.21 billion euros ($5.18 billion).

Its adjusted after-tax profit climbed to EUR420 million, from EUR343 million, while earnings before interest and taxes jumped 8.5% to EUR583 million.

Henkel's EBIT margin rose to 13.9% versus 13.6%. Its quarterly EPS surged to EUR0.92, versus EUR0.85.

Henkel shares closed at $72.54 yesterday.

Posted-In: profitEarnings News Guidance

 

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