Henkel : Better pricing in Q3. Chance to reach upper range of the EPS guidance
>Q3 organic growth at 3.3% with volumes at 1.2% and pricing at 2.1% - Henkel just released Q3 sales that are in line with expectations on a reported basis but above expectations for organic growth.Management reiterates FY24 guidance but states there is a clear chance of reaching the upper half of the earnings range for the group. Net sales in Q3 came to € 5,492m at +1%, in line with our & VA css expectations. Organic sales growth at 3.3% is better (VA c...Henkel business comprised of Laundry & Home Care, Beauty Care, and Adhesive Technologies. Co.'s Laundry & Home Care business unit include laundry and home care Branded Consumer Goods business. The Laundry Care business includes heavy-duty and specialty detergents, fabric softeners, laundry performance enhancers, and other fabric care products. Co.'s Beauty Care business unit is active in the Branded Consumer Goods business with Hair Cosmetics, Body Care, Skin Care, Oral Care, and professional Hair Salon business. Co.'s Adhesive Technologies business unit provides solutions with adhesives, sealants and functional coatings in two business areas: Industry; and Consumer, Craftsmen and Building.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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