Efficiencies and emerging markets drive Henkel Adhesives in first quarter

摘要

Henkel's Adhesives business was impacted by weaker than expected demand from industrial customers, but nevertheless, grew earnings by 10% in the first quarter, boosted by "solid" sales in emerging markets and continued efforts to increase efficiency in both production and the supply chain. First quarter earnings before interest and taxes rose to ?314 million compared to ?283 million in the year-ago quarter. The improvement was despite a small sales decline of 2.8% to ?1.94 billion compared to ?2.00 billion last time.