Edition:
India

Henkel AG & Co KgaA (HNKG.DE)

HNKG.DE on Xetra

101.45EUR
7:14pm IST
Change (% chg)

€-0.75 (-0.73%)
Prev Close
€102.20
Open
€102.00
Day's High
€102.25
Day's Low
€101.45
Volume
21,513
Avg. Vol
91,207
52-wk High
€114.60
52-wk Low
€92.41

Latest Key Developments (Source: Significant Developments)

Henkel exec says pricing environment to stay tough
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Henkel Ag & Co Kgaa :Henkel exec says capex forecast change relates to timing, not content.Henkel exec says north american weakness in adhesives related to automotive/packaging industries.Henkel exec says challenges in beauty business will persist, but company working on innovation to tackle it.Henkel exec says western european laundry market as a whole has turned negative.Henkel exec says pricing environment remains quite challenging despite higher input costs.  Full Article

Henkel cuts capex forecast, updates business unit forecasts
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Henkel Ag & Co Kgaa :Henkel exec says global supply chain initiative to roll out in n america in 2018.Henkel exec says still sees restructuring charges of 200 - 250 million euros this year.Henkel exec says on track w/ all acquisitions and sees synergies ramping up.Henkel exec says full year capex to be 650-70 million euros, down from prior target of 750-850 million euros.Henkel exec says there will be increasingly negative fx impacts, continuously high raw material prices.Henkel exec says sees fy sales growth of 4-5 percent in adhesives, 0-1 percent in beauty and around 2 percent in laundry/home.  Full Article

Henkel has financial flexibility for further acquisitions
Thursday, 11 Aug 2016 

Henkel : CFO says have committed ourselves to 3.7 billion eur in expenses for takeovers this year, so far 440 million paid out . CFO says still have financial flexibility for further acquisitions Further company coverage: [HNKG_p.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Church & Dwight co comments on market speculation
Thursday, 19 May 2016 

Church & Dwight Co Inc : Church & Dwight comments on market speculation . Not engaged in discussions with, nor has it received any proposal or communication concerning a potential bid for company . Company is not engaged in discussions with, nor has it received any proposal or communication concerning a potential bid for company . Not aware of any information supporting market speculation .Says is not aware of any information supporting rumors.  Full Article

Henkel AG & Co. KGaA to acquire hair care brands from P&G
Thursday, 3 Mar 2016 

Henkel AG & Co. KGaA:To acquire range of leading hair care brands.Signed an agreement with Procter & Gamble to acquire a range of hair care brands with focus on the Africa/Middle East and Eastern Europe regions.  Full Article

Henkel AG & Co. KGaA gives FY 2016 outlook, to propose increased dividend
Thursday, 25 Feb 2016 

Henkel AG & Co. KGaA:Expects to generate organic sales growth of 2 to 4 percent in FY 2016.Expects its margin on adjusted earnings before interest and tax (EBIT) to widen to 16.5 percent for FY 2016, from 16.2 percent last year.To propose an increase in the dividend per preferred share of 12.2 percent to 1.47 euros (previous year: 1.31 euros) and an increase in the dividend per ordinary share of 12.4 percent to 1.45 euros (previous year: 1.29 euros).  Full Article

Henkel AG & Co. KGaA CEO says adhesives restructuring to be done by Q2 - Reuters
Wednesday, 24 Feb 2016 

Henkel AG & Co. KGaA:Restructuring of Henkel's HNKG_p.DE adhesives business is on track and will be completed no later than the second quarter, outgoing Chief Executive Kasper Rorsted said on Thursday. - RTRS.Henkel is cutting 1,200 jobs worldwide at its adhesives divisions, accelerating its cost savings programme in response to a tough market environment.The adhesives division accounts for half of group sales and employs around 27,000 people, more than half of group staff.  Full Article

Henkel AG & Co. KGaA appoints Hans Van Bylen as new CEO
Monday, 18 Jan 2016 

Henkel AG & Co. KGaA:Kasper Rorsted will leave the Henkel Management Board by mutual agreement at the end of April.Hans Van Bylen appointed as new CEO.  Full Article

Henkel AG & Co. KGaA challenges Coty's Brazil purchase before antitrust watchdog - Reuters
Tuesday, 22 Dec 2015 

Henkel AG & Co. KGaA:Henkel & Co KGAa AG filed on Tuesday a request with Brazilian antitrust regulators to review a decision to approve Coty Inc's purchase last month of Hypermarcas SA's beauty care unit - RTRS.Henkel is challenging a Dec. 7 decision by antitrust watchdog Cade to approve Coty's acquisition with no conditions of dozens of brands and several factories that Hypermarcas owned - RTRS.In a document, Brazilian law firm Levy Salomão, which represents Henkel in the matter, said Cade failed to consider the combined impact of the Hypermarcas deal with Coty's recent acquisition of Procter & Gamble Co's beauty care products - RTRS.Both transactions would allegedly give Coty as much as a 35% market share in Brazil's hair coloring market, the document said - RTRS.Coty agreed in July to pay P&G $12.5 bln for 43 brands, and also offered in Nov about $1 billion to buy Hypermarcas's beauty care unit. "The combined effect of these transactions will substantially change the Brazilian cosmetics and personal care industries", the document said - RTRS.The petition will be analyzed by Cade councilor João Paulo Resende. Should he find Henkel's petition valid, the request will be analyzed and discussed by Cade's board of councilors - RTRS.Henkel challenged Cade's initial approval since the former was found to be an interested third party in the transaction. Henkel competed for the Hypermarcas and P&G deals, according to a source with direct knowledge of the matter - RTRS.  Full Article

UPDATE 2-Weak consumer market hits Henkel despite higher forecast

* Shares down 3 percent (Adds comments from company, analysts; updates bullet points)