Henkel Group’s Q3 2023 sales grew by 2.8%, with organic sales reaching €5.4 billion.

The organic sales growth in the third quarter was driven by strong performance in Europe, North America, Latin America, and the Middle East, Africa & India region. In contrast, organic sales in the Asia-Pacific region declined, primarily due to persistently challenging market conditions in China. Similarly, for the first nine months of 2023, all regions except Asia-Pacific contributed to Henkel’s very strong organic sales growth. Adhesive Technologies Business Unit Performance In Q3 2023, the Adhesive Technologies business unit achieved sales of €2.711 billion (€2.995 billion in the prior-year period), representing a nominal decline of 9.5%. Organic sales—adjusted for currency effects and acquisitions/divestitures—increased by 0.8%. This growth was driven by substantial price increases. However, volumes were below the prior-year level due to continued soft demand in certain end markets. Acquisitions/divestitures reduced sales by 3.8%, while foreign exchange effects reduced sales by 6.5%. For the first nine months of 2023, the Adhesive Technologies business unit recorded sales of €8.186 billion, a nominal decline of 3.3%. Organic sales rose significantly by 3.3%, driven by pricing. The organic sales growth achieved in Q3 was primarily driven by the Mobility & Electronics and Craftsmanship, Construction & Professional business areas. The Mobility & Electronics business area delivered robust organic growth of 4.6%, mainly driven by the automotive segment. In contrast, the electronics segment underperformed year-on-year due to persistently weak demand. Industrial business posted organic sales growth. Organic sales in the Packaging & Consumer Goods business area declined by 5.0%, with both consumer goods and packaging segments recording lower sales—attributable to weak demand and high prior-year comparables. The Craftsmanship, Construction & Professional business area achieved organic growth of 2.8%, primarily driven by construction, consumer goods, and craftsmanship businesses. In contrast, General Manufacturing & Maintenance experienced a slight sales decline due to weakening demand. From a regional perspective, the Adhesive Technologies business unit delivered a mixed performance in Q3. Organic sales in Europe declined slightly: growth in the Mobility & Electronics and Craftsmanship, Construction & Professional business areas failed to offset declines in the Packaging & Consumer Goods segment. In North America, sales increased, driven by Mobility & Electronics. In the Middle East, Africa & India region, Adhesive Technologies achieved double-digit organic growth, with contributions from all business areas. In Latin America, organic sales grew very strongly, supported by Mobility & Electronics and Packaging & Consumer Goods. By contrast, all business areas in the Asia-Pacific region were negatively impacted—particularly by persistently challenging market conditions in China—resulting in year-on-year sales declines. Consumer Brands Business Unit Performance In Q3 2023, the Consumer Brands business unit achieved sales of €2.695 billion, a nominal decline of 7.6% compared to the prior-year period. Organic sales—adjusted for currency effects and acquisitions/divestitures—increased by 6.2%.

Henkel achieved strong organic sales growth in Q3.

Düsseldorf, Germany, November 12, 2020 / PR Newswire / -- Despite the ongoing impact of the COVID-19 pandemic and persistently challenging economic conditions, Henkel achieved strong organic sales growth of 3.9% in the third quarter of fiscal year 2020. Group sales amounted to approximately €5 billion, representing a nominal decline of 1.5%. In early October, Henkel published preliminary Q3 sales figures and updated its full-year 2020 outlook. Despite the impact of the COVID-19 pandemic, Henkel delivered solid performance. "The global impact of the COVID-19 pandemic continues to dominate the market environment. Nevertheless, Henkel delivered solid performance in the third quarter, with contributions from all business units. This reflects our ability to offer robust and diversified product portfolios—including successful brands and innovative technologies—to industrial and consumer customers. Furthermore, our additional investments in marketing, innovation, and digitalization are delivering tangible returns. Notably, we significantly increased digital sales to over 15% of total group sales in the third quarter," said Carsten Knobel, CEO of Henkel. "Part of the strong Q3 performance reflects a catch-up effect following the particularly severe impact of the pandemic in Q2. More importantly, however, it is the result of our strong global team. At this unprecedented and challenging time, our team has demonstrated tremendous determination and continues to contribute to Henkel’s long-term success." Carsten Knobel, CEO of Henkel In the third quarter, Henkel performed well amid a challenging market environment. Compared to Q2, signs of demand recovery emerged across all industry segments served by the Adhesive Technologies business unit; overall organic sales grew positively year-on-year. In the Cosmetics/Beauty Care business unit, the hair salon business showed signs of recovery but still recorded a slight year-on-year decline in organic sales. Conversely, retail business achieved significant organic sales growth versus the prior year. Driven by sustained strong demand for detergents and household care products—and aided by the Q2 catch-up effect—the Detergents & Household Care business unit also delivered significant organic sales growth in Q3, continuing its successful development. "During the pandemic, we adapted flexibly and swiftly to changing conditions while actively implementing our Purposeful Growth strategy, launched in March. In our updated full-year outlook, we provide guidance for the remainder of the year. We anticipate continued negative pandemic-related impacts in Q4, but we do not expect the large-scale lockdowns seen in many countries during Q2 to recur. We remain confident that we will continue to execute our Purposeful Growth strategic priorities and emerge stronger from this crisis," concluded Mr. Knobel. Group Sales Performance In Q3 2020, Henkel Group’s nominal sales declined by 1.5% to €4.999 billion.

Henkel confirms Q3 organic growth, says electronics lead adhesives growth

17 hours ago

Henkel reported 6.5% Q3 organic sales growth, driven by its Adhesive Technologies division which rose 7.9% due to semiconductor and AI demand. The company confirmed upgraded 2026 guidance for 3% to 4% organic sales growth.

reuters

2026-11-09

Henkel confirms Q3 organic growth, says electronics lead adhesives growth

Henkel confirms Q3 organic growth, says electronics lead adhesives growth

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