German Henkel reports surge in 2009 core earnings
Henkel's earnings before interest and tax (EBIT) surged by 38 percent to 1.08 billion euros (1.51 billion dollars) in 2009, even though sales slipped by 3.5 percent to 13.57 billion euros according to preliminary figures.
The final figures are to be published on February 25, and the results were noticeably better than expected in the group's adhesives and laundry and home care product units, a statement said.
For 2010, Henkel said it "is confident of again outperforming its relevant markets in terms of organic sales growth," after allowing for foreign exchange effects and acquisitions or divestments.
The group also expects core earnings "to improve noticeably compared to the prior-year figures."
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