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Henkel Had A Record Year In 2015, CEO Rorsted Says

April 11, 2016: 12:00 AM EST
Henkel had a record year in 2015 despite a difficult economic environment, according to company CEO Kasper Rorsted. Speaking at the company’s 2016 Annual General Meeting, Rorsted highlighted Henkel’s progress in implementing its business strategy for 2016. Also, the company announced the proposed dividends for both share classes increased by 16 cents to €1.47 per preferred share and €1.45 per ordinary share. While acknowledging the potential problems and difficulties faced by the company in 2016, Rorsted confirmed Henkel’s revenue outlook for the year. He said, the company expects organic sales growth of 2–4 percent for the fiscal year 2016, with EBIT margin forecast to increase by about 16.5 percent and adjusted earnings per preferred share to grow 8–11 percent.
"Annual General Meeting 2016: Henkel confirms outlook for 2016", Henkel, April 11, 2016, © Henkel AG & Co. KGaA
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