•   
  •   
  •   

Ownership consumer goods company: Rising raw material and transport costs Purpose Business of Persil manufacturers Henkel

16:40  08 november  2021
16:40  08 november  2021 Source:   handelsblatt.com

A Brief History Of Gasoline: How Standard Oil Got Away With It

  A Brief History Of Gasoline: How Standard Oil Got Away With It The last installment of this series covered the rise of Standard Oil, the blueprint for every murderous modern corporation, but this week’s entry does not cover its fall. There has been no great defeat of Standard, as the little companies that it was broken into continue to evade judgement — real judgement — for their crimes. After each blow, Standard grew a new head; at each grasp Standard, became more slippery. This is the fifth story in a series of stories on the history of gasoline. So far, Jalopnik’s tech coverage has been focused primarily on the emergence, or reemergence of the electric vehicle.

In the third quarter, Henkel has increased sales to around five billion euros. The adhesive business ran very well, less rounded in cosmetic products.

Der Dax-Konzern hat am Montag seine Quartalszahlen vorgelegt. © DPA The DAX Group has submitted its quarterly figures on Monday.

of the consumer goods company Henkel looks more pessimistic about the full year 2021 due to high raw materials and transport costs. The Düsseldorf DAX Group only expects a result at the bottom of its prognosis. This was announced by the manufacturer of Persil, Pattex and Pritt on Monday morning.

Henkel continues to expect organic revenue growth of six to eight percent for 2021. However, the adjusted return on sales (EBIT margin) should only be around 13.5 percent. So far, Henkel had predicted 13.5 to 14.5 percent, even up to 15 percent at the beginning of the year.

Material Knappiness: German furniture is more expensive

 Material Knappiness: German furniture is more expensive The German furniture industry suffers from the worldwide material shortage like many other industries. In addition to wood, metal components, fittings, electronic components, upholstered foams, cover substances and packaging materials are scarce, said Jan Kurth, managing director of the associations of the German Furniture Industry (VDM / VHK) on Monday in Cologne. The reason for bottlenecks are, among other things, the attracting economy and the construction room in China and the USA.

"In particular, the further strong increase in commodity prices and logistics costs, the economy is stressed stronger than previously thought," is cited CEO Carsten Knobel in a group announcement. "We work with extensive measures intensively to limit the impact on our business and profitability."

also Henkel Competitor Beiersdorf ended by an organic sales growth between eight and ten percent - and thus less than analyst predicted.

The turnover of Henkel has grown nominally by 3.7 percent in the first nine months - and is now 15 billion euros. The organic growth adjusted for exchange rate effects and sales and sales is 3.5 percent and therefore slightly higher than expected by analysts. In the past third quarter, Henkel grew nominally by 1.9 percent.

Tachometer 101: Saving Engines and Winning Races Is Still a Thing!

  Tachometer 101: Saving Engines and Winning Races Is Still a Thing! These 13 cool tachometer options are the latest muscle car cockpit accessories. There’s plenty to catch up on, from vintage to state-of-the-art.These days, you can find a tachometer on practically any new car. Rental car or fleet-managed garbage truck, it doesn't matter; today's OE electric stepper-motor driven tachs are accurate and driven off a vehicle's CAN bus data stream, making them cost literally pennies apiece. Nevertheless, there's almost zero justification for a tachometer on a new vehicle, other than to verify that the engine's running, or to provide a visual spectacle for a really bored driver.

All divisions are again above the pre-crisis level. But the individual divisions have developed differently. The business of Henkel and its approximately 52,000 employees is based on three pillars: the adhesive technologies adhesive, the washing and detergent division Laundry Ampersand Home Care and the cosmetic part Beauty Care.

Henkel benefits from the business with adhesives

Growth driver was last the business with adhesives, that rose by seven percent. With this strongly economical division, Henkel makes almost half of its consolidated sales. Sales in this area are now at 2.4 billion euros.

Henkel benefited from increasing demand for packaging and consumer goods. Ground was slowed through the automotive industry. Here, the decline in production was negatively impacted due to global semiconductor deficiency.

The Laundry Ampersand Home divided almost 1.7 billion euros in the third quarter - and thus almost two percent more. In the Detergent business segment, Henkel just achieved growth in the nuclear brand Persil. For surface cleaners, on the other hand, the demand decreased. This has been normalized after she had risen at the beginning of the pandemic. Laundry Ampersand Home stands for one third of the Henkel sales.

Exclusive - Snoop Dogg, new face of G-Star Raw, boasts the power of our buttocks!

 Exclusive - Snoop Dogg, new face of G-Star Raw, boasts the power of our buttocks! © G-Star Exclusive - Snoop Dogg, new face of G-Star Raw, boasts the power of our buttocks! The captive to the legendary phlegm lends its image to the campaign of Jeans G-Star Raw, inviting the people of the street to let speak ... their buttocks! Or when the Booty makes his law. Only Snoop Dogg could dare. A campaign that is gladly speaking for buttocks - feminine and masculine - highlighted by the hardcore denim g-star.

The revenues of the cosmetics division fell organically by three percent to 0.9 billion euros. Henkel explains this with a normalization of demand for soap articles increased in the same period of the previous year pandemiebings. The hairdressing business, which supplies Henkel with brands such as black head, was able to build the previous growth in the third quarter. The cosmetic division stands for around one fifth of sales.

Last year, Henkel had still posted declines

Last year, Henkel had still recorded decline in sales and operating income in the corona crisis. At that time, above all, the adhesive business suffered from the weakness of important customers as the auto industry. But the business with hairdressers did not ran around because of temporary closures of salons.

The Henkel share has fallen in the past twelve months among larger fluctuations by twelve percent. Most recently, a share certificate cost well 80 euros.

More: Henkel boss: "We have not always invested sufficiently in innovations."

Reader favorites: career opportunities: hardly applicants and high pay - these are 25 jobs with little competition

Jean Castex announces additional 400 million euros for public transport

 Jean Castex announces additional 400 million euros for public transport The Prime Minister, Jean Castex made the trip this Friday in Nantes on the occasion of the National Days of Urban France. In front of the mayors of the big cities, he announced a budget of an additional 400 million euros (in addition to the 450 million provided for in the stimulus plan) to finance public transport development projects in agglomerations and metropolises.

frugalism: This man has more than 400,000 at 34 years Euro in the account - these are his financial and career tips

Insight Innovation: Green Krypto Dietes: EtherEm could be with a new technology for a pioneer

+++ Corona-News +++: Corona incidence in the federal government reaches highest brand - hotspot in Saxony Announces more than 900

Energy transition: Why an "oligarch" believes in the rewriting of the German solar industry

Senegal: Dakar paralyzed by a strike in transport .
© Georges Gobet has a bus stop from the Senegalese capital Dakar, May 23, 2008 The Senegalese capital Dakar was paralyzed Wednesday by a two-day strike in transport for transport. In particular, protest against "hassle" of law enforcement and clandestine transport, according to AFP journalists. localities in the provinces have also been affected, according to the local press, by this strike triggered by 14 organizations of the unitary executive of road transport unions in Senegal (CUSTRS).

usr: 2
This is interesting!