Henkel : 2023 guidance raised but sharp decline in volumes in Q3
>Q3 sales -9% of which +2.8% l-f-l, upward revision to 2023 targets - Henkel reported Q3 sales broadly in line with estimates and has raised the lower end of its full-year targets. Q3 sales were in line with forecasts, showing a decline of -9% (css -9%) with organic growth of +2.8% (css +2.3%), a negative forex impact of -6.3% and a scope effect of -5.5% (Russia).The group is raising its targets but it is mainly the lower end of the range that has been ...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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