The Düsseldorf Conglomerate Henkel, Known for Its Wide Range of Consumer Goods, Has Significantly Raised Its Financial Expectations for the Year, Driven by Strong Performance in Its Consumer Brands Segment. The Company Recorded an Organic Sales Growth of 3.0 Percent in the First Quarter According to Preliminary Results, with Revenue Increasing to 5.3 Billion Euros.

Due to this positive development, Henkel has now adjusted its forecast for the full year. Instead of an organic sales growth of 2.0 to 4.0 percent, the group now expects an increase of 2.5 to 4.5 percent. The forecast for the adjusted EBIT margin was also revised upwards from 12.0 to 13.5 percent to 13.0 to 14.0 percent. The adjusted earnings per preferred share are expected to increase by 15.0 to 25.0 percent over the previous year's figure when adjusted for currency effects, a significant increase from the previous forecast of 5 to 20 percent.

This positive adjustment is also due to the faster-than-expected completion of the recent acquisitions of Seal for Life Industries and Vidal Sassoon in China, which will contribute to sales and earnings growth earlier than planned.

The news of the forecast increase led to a noticeable rise in the share price. Henkel shares approached close to their previous year's high of 78.84 euros on Friday, currently gaining 5.62 percent to 78.16 euros via XETRA.

James Edwardes Jones, Analyst at RBC, Emphasizes the Importance of This Development: "It is now clear that profitability is recovering well." He highlights that it is particularly noteworthy that, in addition to revenue, the margin target has been raised, indicating operational efficiency beyond expectations.