Henkel raises outlook as adhesive sales skyrocket

BERLIN, Aug.12 (Reuters) – German consumer goods group Henkel (HNKG_p.DE) on Thursday raised its sales outlook for the year as activity rebounded above pre-crisis 2019 levels in the first half of 2021, driven in particular by its adhesives unit.

Henkel said he now expected 2021 sales to grow 6-8% organically, down from a previous forecast of 4-6%, and confirmed he expected profit per preferred share increases in the high single-digit percentage range through mid-teens.

Second-quarter sales grew 15% organically to 4.96 billion euros ($ 5.82 billion), just below the average analyst consensus of 4.98 billion.

($ 1 = 0.8516 euros)

Reporting by Emma Thomasson Editing by Tomasz Janowski

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