Henkel: dividend increase and share buybacks
(CercleFinance.com) - On the occasion of the publication of its annual results, Henkel announces a dividend increase of 10.
3% to 2.04 euros per preferred share, as well as a new share buyback program of up to one billion euros.
For 2024, the German consumer staples group is reporting EPS of 5.36 euros (+25.1% at constant exchange rates), as well as an EBIT margin improved by 2.4 points to 14.3% on sales of 21.6 billion, with organic growth of 2.6%.
"The very good sales results for 2024 demonstrate the successful implementation of our growth program", comments Carsten Knobel, CEO of the parent company of well-known brands such as Le Chat, Mir and Loctite.
For the current year, Henkel is targeting EPS growth in the low to high single-digit percentage range (at constant exchange rates), an EBIT margin of 14 to 15.5% and organic sales growth of 1.5 to 3.5%.
Copyright (c) 2025 CercleFinance.com. All rights reserved.