Dusseldorf, Germany – Laundry and personal care products-to-reactive polyurethane systems company, Henkel saw sales in its key adhesive technologies business segment increase by 5.5% to EUR 2.3 bn in the first quarter of 2017.
The company’s first-quarter 2017 and report saw earnings before interest and taxation grew strongly however to EUR 431 m in the first quarter of 2017 compared to EUR 364 m in the first quarter of 2016.
Henkel said it’s adhesives technology business unit “generated very strong organic sales growth and adjust return on sales recorded a very strong increase to 18.1%.”
Looking across the company ceo Hans van Bylen said “for the first time, quarterly sales exceeded EUR 5 bn. Adjusted operating profit also reached a new high. All three business units in all regions contributed to the successful development of the earnings.”
Henkel confirmed that it expects to generate organic sales growth of between two and 4% for the whole of 2017, the company confirmed.
