Henkel Shows Steady Growth in Q3 2024

Henkel reported positive results for the third quarter of 2024, with group sales reaching approximately 5.5 billion euros, marking a 3.3% increase in organic growth. This growth was attributed to strong performances from both Adhesive Technologies and Consumer Brands divisions.

The Adhesive Technologies segment achieved significant growth of 3.7%, driven by robust performance across all business areas. The Consumer Brands segment saw a 2.7% increase, despite facing challenges in North America.

Henkel remains focused on its sustainability initiatives, expanding its climate protection objectives and aiming for net-zero greenhouse gas emissions by 2045. The company reiterated its fiscal 2024 outlook, expecting to potentially reach the upper half of its earnings forecast.

Despite nominal sales decreasing by 0.4% in the first nine months, organic sales increased by 3.0%, buoyed by favorable pricing and volume trends.