Up 12.5%, Henkel sold 123.2 billion yuan in the first three quarters

From the data of the third quarter, the price increase has had a positive impact on Henkel's performance growth. In the first three quarters of this year, Henkel achieved sales of 123.2 billion yuan, up 12.5% year on year.

Recently, Henkel Group announced the results of the first three quarters of 2022. According to the financial report of the Group, the total revenue of Henkel Group in the first three quarters was 16.889 billion euros (about 123.05 billion yuan), a year-on-year increase of 12.5%, of which the revenue in the third quarter was 5.976 billion euros (about 43.595 billion yuan), a year-on-year increase of 17.3%.

In terms of specific business, the adhesive technology business department still accounted for most of the performance. In the third quarter, the organic sales of the department achieved a double-digit growth of 16.8%, with a nominal growth of 22.6%. The cosmetics/beauty products business department recorded an organic sales increase of 0.9%, with a nominal increase of 8.4%. The organic sales of the detergent and home care business department increased significantly by 7.3%, with a nominal growth of 13.2%.

Among them, the sales of beauty care business increased by 1.013 billion euros (about 7.389 billion yuan), accounting for 17% of the overall sales of Henkel; The overall sales in the first three quarters also increased by 2.9% year on year to 2.855 billion euros (about 20.827 billion yuan).

In terms of geographical division, the total revenue of the Asia Pacific region in the first three quarters was 2.91 billion euros (about 21.228 billion yuan), an increase of 16.5% over the same period last year, accounting for 17% of the group's overall revenue; The revenue in the third quarter was 1.071 billion euros (about 7.813 billion yuan), up 25.2% year on year.

In the first three quarters of this year, Henkel's sales were 5.271 billion euros (equivalent to 36.86 billion yuan) in the first quarter, 5.642 billion euros (about 38.34 billion yuan) in the second quarter, and 5.976 billion euros (about 43.595 billion yuan) in the third quarter.

According to the comparative data, the growth rate in the third quarter was the largest and the performance was the highest. Some people think that it is the price increase that has brought a positive impact on Henkel's performance growth. At the beginning of this year, due to the impact of the current situation, the price of raw materials and logistics has risen significantly, and Henkel also announced the price adjustment for the newly ordered products.

The financial report shows that, driven by emerging markets, the organic sales performance of hair dye and hair care business grew strongly. The sales performance of the body care category declined year on year, mainly due to the previously announced product portfolio optimization measures.

In July this year, Henkel successfully completed the acquisition of Shiseido's professional hairdressing business in the Asia Pacific region, which includes Sublimic, Premience and other core brands. According to the financial report of Shiseido Group in 2021, the annual sales of Shiseido professional hairdressing business acquired by Henkel this time exceeded 100 million euros (about 730 million yuan).

After the release of the financial report, Henkel said that in a still challenging market environment, the company continued to promote the implementation of the company's strategy and achieved a significant double-digit growth in sales. It is particularly gratifying that all business departments and regions have contributed to this strong performance, especially the adhesive technology business department achieved significant double-digit sales growth in the third quarter.

It is worth mentioning that at this year's Expo, Henkel Group made its fourth appearance. In the field of household consumer goods, Henkel "launched new" innovative products. For example, the hair dye and hair care products of the "Schwarzkopf Super Brand", cleaning products such as laundry detergent and toilet ball, and products of Baoying Persil and other brands not only meet consumers' pursuit of beauty, but also pay more attention to health.

At the same time, Henkel revealed that the Chinese market has become the third largest market of Henkel. The Shanghai Innovation Center under construction will become the second largest innovation center of Henkel in the world. In the future, it will build a complete end-to-end capability for Henkel in the Chinese market, as well as better layout of the local innovation, manufacturing and raw material supply chain. All projects are expected to be completed in 2024.