HENKEL has predicted results will improve in the next financial year after encouraging results were announced for fiscal 2009.
The company confirmed it had generated sales of €13.57 billion over the previous four quarters, and the results were better than expected.
Henkel also expects its organic sales growth involving growth adjusted for foreign exchange and acquisitions will outperform its relevant markets.
“For Henkel — and the world economy as a whole — 2009 will go down as a challenging year. Nevertheless, we have made good progress towards achieving our 2012 financial targets as proven by our outstanding results in the fourth quarter of 2009,” Henkel management board chairman, Kasper Rorsted said.
According to Henkel, on a regional level, Asia-Pacific felt the effects of the economic crisis with sales declining 5.8 percent below the prior-year level to €1.66 billion.
In fiscal 2010, Henkel claimed they are confident of again outperforming its relevant markets in terms of organic sales growth. A number of measures have already been introduced on the operational side, from which Henkel expects further positive momentum to develop.
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