Henkel AG & Co KGaA (HNKG.DE)

HNKG.DE on Xetra

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Tue, Aug 13 2019

UPDATE 2-China tariff delays pull European shares out of doldrums

* Henkel cuts outlook, shares slump (Recasts throughout, updates to close)

UPDATE 4-Henkel cuts outlook on weakest sales momentum in a decade

* Q2 sales down 0.4% to 5.121 bln euros vs consensus for 5.25 bln

Henkel cuts outlook after weakest quarterly sales in decade

BERLIN Henkel lowered its full-year outlook on Tuesday after posting its first fall in sales in a decade as the popularity of its beauty products waned and weaker industrial production hit its adhesives business.

UPDATE 2-Henkel beauty, adhesives units weigh on first quarter results

* Shares down 2.9 pct (Adds details from conference call, analyst comment)

Henkel results disappoint as beauty, adhesives lag

BERLIN, May 7 German consumer goods company Henkel reported a disappointing quarter of earnings and sales on Tuesday as its adhesives business was hit by falling industrial production and its beauty unit underperformed in western Europe and China.

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