Carsten Knobel, the CEO of Henkel, discusses the German company's full-year earnings.
Henkel AG & Co. KGaA (OTCPK:HENKY) Q4 2024 Results Conference Call March 11, 2025 4:00 AM ET Company Participants Leslie Iltgen - Head, IR Carsten Knobel - CEO Marco Swoboda - CFO Conference Call Participants David Hayes - Jefferies Christian Faitz - Kepler Cheuvreux Iain Simpson - Barclays Victoria Petrova - Bank of America Celine Pannuti - JPMorgan Leslie Iltgen Good morning to everyone on the call. A warm welcome to everybody today joining the Henkel Full Year 2024 Results Conference Call.
The owner of brands including Persil and Schwarzkopf reported adjusted earnings per preferred share that grew more than 25%.
Germany's Henkel gave a soft guidance for 2025 organic sales growth on Tuesday, projecting a slower start to the year due to tough industrial environment and muted consumer sentiment especially in North America.
Henkel AG & Co. KGaA (OTCPK:HENKY) Q3 2024 Earnings Conference Call November 6, 2024 3:00 AM ET Company Participants Leslie Iltgen - Head, IR Carsten Knobel - CEO Marco Swoboda - CFO Conference Call Participants Guillaume Delmas - UBS Rashad Kawan - Morgan Stanley Celine Pannuti - JPMorgan Christian Faitz - Kepler Cheuvreux Victoria Petrova - Bank of America David Hayes - Jefferies Operator Good morning, and welcome to the Henkel conference call. For the duration of the call, you will be on listen-only.
The German chemical and consumer-goods company, which owns brands including Persil and Schwarzkopf, reported higher sales and backed expectations for the year.
SOHO, MFC and HENKY made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 10, 2024.
While Henkel reported declining sales for the first half of fiscal 2024, organic growth was positive and especially earnings per share increased with a high pace. Henkel's transformation is taking shape, and we can expect not only earnings per share increasing but also revenue in the years to come. Despite climbing higher in the last few months, the stock is still undervalued and remains a good long-term investment in my opinion.
Here is how Henkel AG & Co. (HENKY) and Laird Superfood, Inc. (LSF) have performed compared to their sector so far this year.
Henkel AG & Co. KGaA (HENKY) Q2 2024 Earnings Call Transcript
Henkel has exceeded our previous expectations, with stronger performance than expected in consumer. The higher margins adhesives segment is benefiting from a turnaround in electronics which had been under pressure these last couple of years, supporting overall margin in the outlook. Henkel is a little cheaper than peers. It's not a bad pick. But the value isn't deep enough for us to be interested.
Here is how Henkel AG & Co. (HENKY) and Ingredion (INGR) have performed compared to their sector so far this year.