Previous Close | 16.66 |
Open | 16.84 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 16.75 - 17.25 |
52 Week Range | 15.61 - 29.87 |
Volume | |
Avg. Volume | 282,123 |
Market Cap | 29.444B |
Beta (5Y Monthly) | 0.61 |
PE Ratio (TTM) | 16.55 |
EPS (TTM) | 1.02 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.50 (3.04%) |
Ex-Dividend Date | Apr 05, 2022 |
1y Target Est | 22.00 |
Germany's Henkel is slashing 2,000 jobs in response to rising costs and low demand for its shampoos and hair sprays and aims to make 500 million euros ($530 million) in gross savings in the medium-term from the merger of its cosmetics and detergents units. Global supply chain issues are adding to the difficulties that prompted Henkel to cut its outlook last month. Henkel shares gained as much as 2% after the announcement on Thursday and traded unchanged at 60.72 euros at 0919 GMT.
BERLIN (Reuters) -Germany's Henkel is slashing 2,000 jobs in response to rising costs and low demand for its shampoos and hair sprays and aims to make 500 million euros ($530 million) in gross savings in the medium-term from the merger of its cosmetics and detergents units. Global supply chain issues are adding to the difficulties that prompted Henkel to cut its outlook last month. Henkel shares gained as much as 2% after the announcement on Thursday and traded unchanged at 60.72 euros at 0919 GMT.
German consumer goods group Henkel said on Friday it was lowering its profit forecasts for 2022 in light of stronger-than-expected increases in materials costs and the consequences of the Russian invasion of Ukraine. However, the maker of Persil washing detergents and Pritt glue is more optimistic than before about sales growth thanks to rising prices, especially for its adhesives. Henkel brought in total sales of around 5.3 billion euros ($5.59 billion) in the first quarter, it said on Friday.