Investing.com -- Henkel shares rose more than 2% Thursday after the company reported third-quarter results that exceeded analyst expectations and raised its full-year organic sales growth guidance.
The German consumer and industrial goods company posted organic sales growth of 6.5% for the third quarter of 2026, surpassing the analyst consensus estimate of 4.1%. Group sales reached €5.71 billion, representing an 11% nominal increase from the prior-year period. The growth was driven by positive pricing of 5.4% and volume growth of 1.1% across both business units.
Henkel's Adhesive Technologies unit delivered organic sales growth of 7.9% in the quarter, reaching €3,027 million, while the Consumer Brands unit achieved organic sales growth of 4.8%, generating €2,643 million in revenue.
Lookinh ahead, Henkel raised its full-year 2026 organic sales growth guidance. The company now expects Group organic sales growth of 3.0% to 4.0%, up from its previous range of 1.5% to 3.5%.
For Adhesive Technologies, the company raised its outlook to 4.5% to 5.5% from 2.0% to 4.0%, while Consumer Brands guidance was increased to 1.5% to 2.5% from 0.5% to 2.5%.
"Our strong business performance in the third quarter once again underscores the consistent execution of our strategy for purposeful growth," said Carsten Knobel, CEO of Henkel. "In a market environment that remains challenging, we delivered very strong organic sales growth."
At the same time, Henkel narrowed its adjusted return on sales guidance for the full year to around 15%, compared to the previous range of 14.5% to 16.0%. The company also adjusted its adjusted earnings per share outlook to an increase in the mid-single-digit percentage range at constant exchange rates, compared to the prior range of low- to high-single-digit growth.
Henkel now expects direct material prices to increase around 10% compared to the prior-year average, up from its previous forecast of a high-single-digit percentage increase.
Original Article
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