Qantas shares slide to 6-mth low as airline trims revenue outlook
Investing.com -- Henkel on Thursday reported third-quarter results slightly below expectations, with pricing actions in its Consumer division turning negative as the company prioritizes volume growth.
The German consumer goods company posted group sales growth of 1.4% for the quarter, falling short of the 1.9% consensus estimate. While volume growth came in at 1.5%, exceeding the 0.8% consensus, pricing declined by 0.1% against expectations of a 1.1% increase.
Henkel’s Consumer division reported organic sales growth of just 0.4%, below the 1.3% consensus forecast. The segment saw volumes grow 0.9%, but pricing fell 0.6% compared to analyst expectations of a 1% increase.
The Adhesives business performed closer to expectations with 2.5% organic sales growth versus the 2.6% consensus, with volumes growing at 2.0%.
Following these results, Henkel narrowed its full-year 2025 organic sales growth guidance to the lower end of its previously stated 1-2% range.
The company maintained its operating margin outlook at 14.5-15.5% and still expects constant currency earnings per share growth in the low to high single-digit range.
Within the Adhesives division, the Mobility & Electronics segment grew 5.9%, with Electronics achieving double-digit growth while Automotive declined.
The Packaging & Consumer segment contracted by 1.1%, while Craftsmen, Construction & Professional grew 2.2%.
In the Consumer business, Laundry and Home Care declined 1.5%, with weakness in Europe. The Hair segment showed stronger performance with 4.4% growth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.