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Dusseldorf (APA / Reuters) – German consumer goods giant Henkel is looking for new takeovers. "Acquisitions are an important part of our strategy," said CEO Hans Van Bylen of the "Rheinische Post" (Saturday issue). The manufacturer "Persil" has invested 6.3 billion euros in acquisitions over the past two years and still has a very healthy balance sheet.
"In all three divisions, our experts are mindful of the possible acquisition objectives: an acquisition must be strategically appropriate, the price must be reasonable – and the business must be available."
At the same time, the manufacturer of detergents, cosmetics and adhesives announced price increases. "We are forecasting higher overall prices, especially in our adhesives business, as we have to pbad on the significant rise in commodity purchase prices, particularly oil or some precious metals," Van said. Bylen. The business goals for 2018 have been reaffirmed by the Dax Group. "We are sticking to our revenue and profit projections for 2018," said Van Bylen, adding, "Delivery difficulties in the United States are behind us." Henkel's recent slowdown in transportation and logistics systems in North America. ] ~ ISIN DE0006048432 WEB http://www.henkel.com ~ APA006 2018-07-07 / 02: 05
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