Henkel Reports Strong Sales Growth In 3Q 2016

Henkel reported sales grew 3.4 percent to €4.748 billion in the third quarter of 2016, compared with the same period in the previous year. Organic sales rose 2.8 percent, with EBIT improving by 0.7 percentage points to 17.6 percent. According to the company, its Laundry & Home Care business posted organic sales growth of 4.0 percent, driven by volume increases. Also, its Beauty Care business unit reported sales expanded by 2.6 percent during the period.