Henkel Sales Rise Amid Flurry of Deals
By Aimee Look
Henkel's organic sales rose in the first quarter, while the maker of Schwarzkopf and Persil is on an acquisition blitz.
The German chemical and consumer-goods company booked 4.95 billion euros ($5.82 billion) in sales for the first three months of the year, up 1.7% on an organic basis compared with the same period last year.
Median analysts' expectations had 4.89 billion euros in sales, according to company-compiled figures. Median analyst expectations had 1% in organic sales growth.
The company has been on a spree of acquisitions this year, recently agreeing to buy U.S. premium shampoo company Olaplex Holdings. Before then, it bought hair-care brand Not Your Mother's and coatings company Stahl, and is undertaking a broader acquisition strategy.
Henkel is seeking to add volume and premium products to its portfolio, having merged its consumer-goods business into a unit focused on high-growth and high-margin brands. Meanwhile, some of its competitors are also looking to move into the premium personal-care segment. Both Unilever and Reckitt Benckiser have, or are looking to, shed lower-margin brands in favor of premium products.
Henkel backed its full-year expectations and said it expects organic sales growth of between 1.0% and 3.0% for the full year.
Write to Aimee Look at aimee.look@wsj.com
(END) Dow Jones Newswires
May 07, 2026 02:07 ET (06:07 GMT)
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