21.01.2019 Henkel AG & Co. KGaA  DE0006048432

DGAP-Adhoc: Henkel AG & Co. KGaA: Increased investments from 2019 / Outlook for fiscal 2019 / Mid- to long-term financial ambition / Increased target range for dividend payout ratio


DGAP-Ad-hoc: Henkel AG & Co. KGaA / Key word(s): Miscellaneous/Miscellaneous
Henkel AG & Co. KGaA: Increased investments from 2019 / Outlook for fiscal 2019 / Mid- to long-term financial ambition / Increased target range for dividend payout ratio

21-Jan-2019 / 08:44 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Düsseldorf, 2019-01-21T08.15+01:00 (MEZ)

Increased investments from 2019 / Outlook for fiscal 2019 / Mid- to long-term financial ambition / Increased target range for dividend payout ratio

Investing in brands, technologies, innovation and digitalization
To capture growth opportunities mainly in its consumer businesses and accelerate the digital transformation, the Management Board has decided today in its meeting to step up investments by around 300 million euros annually from 2019 onwards. Around two thirds of this amount will be invested in Henkel's brands, technologies and innovations while around one third will additionally fund the digital transformation across the entire company.

Outlook 2019
Reflecting the increased growth investments from 2019 onwards, Henkel expects an organic sales growth of 2 to 4 percent in 2019. For the adjusted* EBIT margin, Henkel expects a range of 16 to 17 percent and an adjusted* earnings per preferred share (EPS) development in the mid-single digit percentage range below prior year on constant exchange rates.

Mid- to long-term financial ambition for 2020 and beyond
Henkel's continued commitment to generate sustainable profitable growth and attractive returns is reflected in the company's expanded mid- to long-term financial ambition for 2020 and beyond: Henkel expects organic sales growth of 2 to 4 percent, an adjusted* earnings per preferred share (EPS) growth in the mid- to high-single-digit percentage range on constant exchange rates and will continue to focus on free cash flow expansion.

Dividend payout ratio
In addition, the Management Board has decided to increase the target range for the dividend payout ratio of net income after non-controlling interests and adjusted for exceptional items to 30 to 40 percent from fiscal year 2019 onwards (current range: 25 to 35 percent).

Today's Management Board resolutions are subject to approval from the Supervisory Board and the Shareholders' Committee respectively.

* Adjusted for one-time charges/gains and restructuring charges

Henkel AG & Co. KGaA

Further information regarding financial instruments issued by Henkel

Company: Henkel AG & Co. KGaA
Contact: Heinz Nicolas
Department: CLC / Telephone: +49 211 797 4516
Email: [email protected]
Address: 40191 Düsseldorf, Deutschland
Henkel Preferred Share: ISIN DE0006048432 // WKN 604843
Henkel Ordinary Share: ISIN DE0006048408 // WKN 604840
Listing: Regulated market (Prime Standard), all eight German Stock Exchanges

For further financial instruments see www.henkel.com/ir

This information contains forward-looking statements which are based on the current estimates and assumptions made by the corporate management of Henkel AG Co. KGaA. Forward-looking statements are characterized by the use of words such as expect, intend, plan, predict, assume, believe, estimate, anticipate, etc. Such statements are not to be understood as in any way guaranteeing that those expectations will turn out to be accurate. Future performance and the results actually achieved by Henkel AG Co. KGaA and its affiliated companies depend on a number of risks and uncertainties and may therefore differ materially from the forward-looking statements. Many of these factors are outside Henkel's control and cannot be accurately estimated in advance, such as the future economic environment and the actions of competitors and others involved in the marketplace. Henkel neither plans nor undertakes to update any forward-looking statements.

21-Jan-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Henkel AG & Co. KGaA
Henkel Str. 67
40191 Düsseldorf
Phone: +49 (0)211 797-0
Fax: +49 (0)211 798-4008
E-mail: [email protected]
Internet: www.henkel.de
ISIN: DE0006048432, DE0006048408
WKN: 604843, 604840
Indices: DAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange

End of Announcement DGAP News Service

767703  21-Jan-2019 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 18.089,00 18.714,00 20.029,00 19.899,00 20.114,00 19.250,00 19.830,00
EBITDA1,2 3.105,00 3.345,00 3.727,00 3.694,00 3.656,00 3.115,00 3.915,00
EBITDA-Marge3 17,17 17,87 18,61 18,56 18,18 16,18 19,74
EBIT1,4 2.645,00 2.775,00 3.055,00 3.116,00 2.899,00 2.019,00 2.815,00
EBIT-Marge5 14,62 14,83 15,25 15,66 14,41 10,49 14,20
Jahresüberschuss1 1.968,00 2.093,00 2.541,00 2.330,00 2.103,00 1.424,00 1.980,00
Netto-Marge6 10,88 11,18 12,69 11,71 10,46 7,40 9,99
Cashflow1,7 2.384,00 2.850,00 2.468,00 2.698,00 3.241,00 3.080,00 3.250,00
Ergebnis je Aktie8 4,44 4,74 5,81 5,33 4,81 3,25 4,50
Dividende8 1,47 1,62 1,79 1,85 1,85 1,85 1,95
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

Henkel VZ
WKN Kurs in € Einschätzung Börsenwert in Mio. €
604843 85,560 Halten 35.260,89
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
16,14 21,52 0,75 19,61
2,21 12,17 1,83 12,54
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
1,85 1,85 2,16 16.04.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
06.05.2021 12.08.2021 08.11.2021 04.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-6,44% -5,47% -7,30% 0,49%
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Henkel AG & Co. KGaA  ISIN: DE0006048432 können Sie bei DGAP abrufen

Chemie , 604843 , HEN3 , XETR:HEN3