11/14/2019, 7:35 AM (Source: TeleTrader)
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Henkel posts 9.43% lower net income in Q3

Henkel AG & Co. KGaA announced on Thursday its net income fell by 9.4% to €556 million in the third quarter of 2019. In the same period last year net income was €614 million.

Earnings per preferred share were €1.28, which is 9.9% less than in the same period last year. Operating profit was €774 million that represents the 7.1% fall from the third quarter of 2018 when it stood at €883 million.

Sales increased by 0.8% to €5.077 billion from €5.037 in the same period last year. The largest rise was recorded in the laundry and home care products where there was a sales growth of 2.5% recorded.

Baha Breaking News (BBN) / TF