Consumables

Henkel reconfirms 2012 targets

Monday 11. April 2011 - Following the successful business performance in 2010, Henkel CEO Kasper Rorsted today at the company’s Annual General Meeting reconfirmed the financial targets set for 2012.

“Our results in 2010 were excellent. Henkel recorded the best year in its company history. We remain focused on our strategic priorities and are confident to achieve our 2012 targets.” Rorsted confirmed the targets for the fiscal year 2011 as previously announced at the company’s annual results press conference in February. “We expect to achieve organic growth of between 3 and 5 percent in 2011 and anticipate an increase in our adjusted EBIT margin to around 13 percent and a rise in adjusted earnings per preferred share of around 10 percent.”
Dr. Simone Bagel-Trah, Chairwoman of the Shareholders’ Committee and of the Supervisory Board, thanked the Management Board and all employees for the results achieved and their dedication and commitment during the past year: “Thanks to the engagement and high motivation of our global team, we succeeded in expanding our market positions in all our business sectors, increasing both sales and profits,” she emphasized.
Referring to the current economic environment, Rorsted reiterated the need to constantly review and adapt the company’s structures: “Even though the economic situation in most markets has stabilized, we cannot slow down in our efforts to make Henkel even better. In order to ensure that we remain ahead of our peers in the highly competitive international markets, we must and will further adapt existing structures and workflows, become more efficient and continue to focus on innovations.”
As essential factors for success in the future, Rorsted identified closer cooperation with customers and further strengthening Henkel’s top brands as well as innovations and further expansion in emerging markets. Henkel already generates a share of 41 percent of its sales in these markets, and targets a share of 45 percent by the end of 2012.
Rorsted also emphasized the central importance of sustainability for the company: “By the end of 2010 we had already achieved the sustainability targets that we set ourselves for 2012.” But he stressed that complacency would be misplaced: “In the course of this year, we intend to further develop and launch our long-term sustainability strategy. We see cooperations along the value chain and the promotion of sustainable consumption as the primary challenges of the coming years.”