Henkel AG & Co KGaA

HEN: XETR (DEU)
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Henkel Earnings: Weak Organic Sales, but Strong Cash Flow Allows for M&A to Support Growth

Henkel reported 2.3% organic sales growth in the fourth quarter, accelerating sequentially but falling short of full-year guidance, mainly due to weak performance in consumer brands, despite volume turning positive in the second half. Shares fell about 4% at the market open on March 11.

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