Henkel Earnings: Sales Growth Accelerates, Guidance Raised, but Second Half Looks More Challenging
Henkel's sales growth accelerated to 4.7% in the second quarter, up from just shy of 2% in the first, outpacing Vara-compiled consensus. M&A added another 2.5%. Henkel raised its full-year sales growth guidance by 0.5 points to 1.5%–3.5%. Shares rose about 4% at the market open on Aug. 6.