SUSTAINABLE DEVELOPMENT

Henkel, a global leader in adhesives, sealants and functional coatings, celebrates its 50th year in Indonesia this year. Building on a strong foundation of innovation, Henkel is committed to continue driving purposeful growth in the Adhesive Technologies market as a trusted partner, while making a meaningful difference in the community.

Henkel is proud to announce that Carmen Chua, President of Henkel Asia Pacific and a member of Adhesive Technologies Executive Committee, has been recognized in the prestigious Heroes Executive Role Model List 2024. The Heroes Executive Role Model Lists showcase leaders who are driving change in the workplace and inspiring the next generation of diverse talent.

• Group sales grow organically by 2.9 percent in the first half of the year to around 10.8 billion euros ‏(nominal -1.0 percent) – growth in both business units
• Operating profit ‏(EBIT)*: very strong increase to 1,610 million euros ‏(+28.4 percent)
• EBIT margin* also improves very strongly to 14.9 percent ‏(+340 basis points)
• Earnings per preferred share ‏(EPS)* increase by around a third to 2.78 euros, +32.9 percent at constant exchange rates
• Very good free cash flow of around 800 million euros
• Further progress in implementing strategic growth agenda
• Earnings outlook for fiscal 2024 already raised in mid-July:
  • Organic sales growth: 2.5 to 4.5 percent ‏(unchanged)
  • Adjusted return on sales: 13.5 to 14.5 percent ‏(previously: 13.0 to 14.0 percent)
  • Adjusted earnings per preferred share ‏(EPS): increase in the range of +20.0 to +30.0 percent at constant exchange rates ‏(previously: +15.0 to +25.0 percent)
• Mid- to long-term financial ambition already to be reached mid-term