Henkel : Unexpected and controversial departure of adhesives head
>Potential source of distraction and destabilisation. Still Neutral - Neutral rating maintained, with a target price of € 59. The departure, announced on Friday, of the head of the adhesives division is not good news and could jeopardise the recovery enjoyed by the stock (in relative and absolute terms) over the last three months. The relatively low valuation, the improvement in momentum (successive guidance upgrades for 2022) and the cooling of raw materials prices 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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