May 11, 2020 / 5:38 AM / 15 days ago

Henkel sees virus boost to cleaning products, hit to beauty

BERLIN, May 11 (Reuters) - German consumer goods group Henkel reported a big jump in first quarter sales of laundry detergents and household cleaners on Monday, but a fall in adhesives and in beauty care as hair salons closed due to the coronavirus.

Overall, sales for the group that makes Persil detergent and Schwarzkopf shampoo fell 0.8% to 4.9 billion euros ($5.31 billion), just short of average analyst forecasts for 4.96 billion, a decline of 0.9% after stripping out the effect of currencies and acqusitions.

Henkel said its laundry and home care business saw organic sales jump 5.5%, while sales at its adhesives unit which supplies the automotive industry fell 4.1% and beauty care fell 3.9%. ($1 = 0.9224 euros) (Reporting by Emma Thomasson Editing by Riham Alkousaa)

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