Henkel Reports Strong Sales Gains In 2015

Henkel reported sales grew to €18.089 billion in 2015 from €16.428 billion in 2014. Organic sales growth was at 3.0 percent, while EBIT rose 0.4 percentage points to 16.2 percent. Adjusted earnings per preferred share was up 11.4 percent to €4.88. According to the company, all of its three business units posted solid organic growth and improved their profit performance. During the year, Henkel expanded its cash flow from operating activities to €2.384 billion compared with €1.914 billion in 2014. Capital expenditures, with acquisition costs not included, rose to €625 million, compared with €517 million in the previous year.