|
|
 | Henkel says 'well positioned' after successful 2012  |  |
MENAFN - AFP
- 06/03/2013
|
|
(MENAFN - AFP) German consumer chemicals group Henkel, maker of Persil washing powder, said on Wednesday it was "well positioned" to face the high volatility in 2013 after turning in a record performance in 2012."2012 was the most successful year for Henkel so far: we achieved excellent results in a highly volatile and competitive market environment and met or exceeded all financial targets," boasted chief executive Kasper Rorsted.Henkel, which also makes Loctite adhesives and Schwarzkopf haircare products, said its net profit increased by 30.1 percent to 1.51 billion euros (1.9 billion).Operating profit rose by 24.6 percent to 2.199 billion euros on a 5.8-percent increase in sales to 16.51 billion euros."All three Henkel business sectors -- laundry and home care, beauty care, and adhesive technologies -- showed profitable growth with expansion of market shares in their relevant markets," chief executive Rorsted said.Looking ahead to the current year, "the strong dynamics and high volatility in our markets will persist," but Henkel was "well positioned," Rorsted said."We expect organic sales growth for the full fiscal year to be between 3.0 and 5.0 percent," he said.
|
| |
|
|
  MENA News Headlines
|
 | May 25 2013 | Belgium to be rapped by EU over budget ,AFP | |
(MENAFN - AFP) The European Commission is set to rap Belgium this week for failing to do enough to trim its budget deficit but is unlikely to go as far as imposing a fine, according to a press ... |
|  | May 25 2013 | Japan PM vows 'all possible' help for Myanmar economy ,AFP | |
(MENAFN - AFP) Japan's premier on Saturday pledged "all possible assistance" to kick-start Myanmar's ailing economy, hailing a major industrial zone near Yangon as a symbol of development for the ... |
|  | May 25 2013 | Jet Airways' shareholders Okay 24%-stake sale to Etihad ,MENAFN | | (MENAFN) Jet Airways announced that its shareholders okayed the 24-percent stake sale to Etihad Airways, reported Arabian Business.
Last month, the Abu Dhabi-based carrier announced that it will ... |
|  | May 25 2013 | Muscat hotels report 15% jump in Jan-Apr RevPAR ,MENAFN | | (MENAFN) STR Global announced that during the January-April period, hotels in the Omani capital posted a growth of over 15 percent in revenue per available room (RevPAR), reported Arabian ... |
|  | May 25 2013 | Marriott's ME, Africa Q1 RevPAR rises 11% ,MENAFN | | (MENAFN) Marriott International, Middle East and Africa, president and managing director, Alex Kyriakidis, stated that the hotel operator's revenue per available room (RevPAR) during the first ... |
|  | May 25 2013 | Artists seek global audience at Hong Kong's Art Basel ,AFP | |
(MENAFN - AFP) Having taken five Volkswagen Beetles and compressed them into spheres, artist Ichwan Noor was always going to grab attention at the inaugural Hong Kong Art Basel.
Noor is known in ... |
|  | May 25 2013 | Fitch expects Qatar's 2013 GDP to reach 7% ,MENAFN | | (MENAFN) Fitch Ratings stated that in 2013, Qatar's gross domestic product (GDP) is projected to stand at 7 percent, reported Arabian Business.
The agency said that during the period, Qatari banks ... |
|  | May 25 2013 | World Bank Grants US $55 Million For Palestinian Development ,Qatar News Agency | | (MENAFN - Qatar News Agency) The World Bank Board of Executive Directors has advised its Board of Governors to authorize the US $55 million replenishment of the West Bank and Gaza Trust Fund. This ... |
|  | May 25 2013 | Giant leaps for GCC within economic integration -- experts ,Kuwait News Agency (KUNA) | | (MENAFN - Kuwait News Agency (KUNA)) The GCC achieved giant leaps within the economic integration domain, leading to the increase of capital and commercial exchange, said a number of Bahraini ... |
|  | May 25 2013 | Education key to Arab youth empowerment - report ,Kuwait News Agency (KUNA) | | (MENAFN - Kuwait News Agency (KUNA)) The high ambitions and aspirations of Arab youth, who make up the majority of Arab populations, require access to a high quality education to be materialized, a ... |
| more... |
|
|
|
|
 |
|
|
|