Henkel Q2 earnings per share increased to 1.30 euros
Earnings per share increased to 1.30 euros from 1.20 euros last year. Adjusted attributable net income was 607 million euros, compared to 558 million euros a year ago. Adjusted earnings per preferred share were 1.40 euros, compared to 1.29 euros a year ago.
Operating profit increased 6.6% to 819 million euros. EBIT margin improved 120 basis points to 17.6%.
Sales edged down 0.9 percent from last year to 4.654 billion euros due to a negative foreign exchange impact of 5.3 percent. Henkel generated organic sales growth - i.e. adjusted for foreign exchange and acquisitions/divestments - of 3.2 percent.
Looking ahead, for fiscal 2016, the company said it continues to expect organic sales growth of 2 to 4 percent and adjusted earnings per preferred share to grow between 8 and 11 percent.
For adjusted EBIT margin, the company now anticipates an increase to more than 16.5 percent, while previous estimate was adjusted EBIT margin to reach approximately 16.5 percent. ■