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Investing.com -- Henkel reported a modest rise in third-quarter organic sales and maintained its full-year outlook, though it cautioned that growth could end up near the bottom of its projected range if economic conditions remain weak.
Shares in the company rose 1.2% in Frankfurt trading.
The German maker of Persil detergent and Schwarzkopf hair products posted quarterly revenue of €5.15 billion ($5.92 billion), down from €5.49 billion a year earlier.
Organic sales increased 1.4%, slightly below market expectations of 1.7%, according to a company-compiled consensus that forecast €5.21 billion in total sales.
By division, organic revenue in the adhesive technologies unit grew 2.5%, while consumer brands rose 0.4%.
Henkel reaffirmed its 2025 guidance, expecting an adjusted return on sales between 14.5% and 15.5%.
Adjusted earnings per preferred share are projected to rise by a low to high single-digit percentage at constant exchange rates.
Full-year organic sales growth is still expected to come in between 1% and 2%, though management said it will likely be at the lower end of that range unless the broader economy improves.