Henkel AG & Co KGaA
XMUN:HEN
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Henkel AG & Co KGaA
XMUN:HEN
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JELD-WEN Holding Inc
NYSE:JELD
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Henkel AG & Co KGaA
Henkel is a German consumer and industrial goods company best known for making adhesives, sealants, and household products. On the consumer side, it sells laundry detergents, fabric care, and other home and personal care brands that are used in kitchens, bathrooms, and laundry rooms around the world. The company also has a larger industrial business that sells adhesives and surface-treatment products to manufacturers. These products are used in cars, electronics, packaging, construction, and consumer goods, where customers need materials that hold, bond, protect, or improve production processes. Henkel makes money by selling branded products to shoppers and by supplying specialty chemicals and adhesive systems to business customers. Its business model is different because it sits in two places at once: it sells everyday consumer brands, and it also supplies hard-to-replace materials that are built into other companies’ products and factories.
Henkel is a German consumer and industrial goods company best known for making adhesives, sealants, and household products. On the consumer side, it sells laundry detergents, fabric care, and other home and personal care brands that are used in kitchens, bathrooms, and laundry rooms around the world.
The company also has a larger industrial business that sells adhesives and surface-treatment products to manufacturers. These products are used in cars, electronics, packaging, construction, and consumer goods, where customers need materials that hold, bond, protect, or improve production processes.
Henkel makes money by selling branded products to shoppers and by supplying specialty chemicals and adhesive systems to business customers. Its business model is different because it sits in two places at once: it sells everyday consumer brands, and it also supplies hard-to-replace materials that are built into other companies’ products and factories.
Strong first half: Henkel reported organic sales growth of 3.2% and said growth accelerated in Q2, with both pricing and volumes contributing.
Margins held up: Adjusted EBIT margin improved to 15.7%, helped by Adhesive Technologies, even as management warned H2 margins should soften because raw material costs will hit later in the year.
Guidance raised: Full-year organic sales growth guidance was increased for the Group to 1.5% to 3.5% and for Adhesive Technologies to 2% to 4%; margin and EPS guidance were left unchanged.
M&A ramps up: Henkel said it has closed 4 of 5 planned acquisitions, including OLAPLEX and ATP Adhesive Systems, and expects the deals to start contributing positively to sales and earnings in 2026.
Adhesives stood out: Adhesive Technologies delivered 4.5% organic growth and a 17.7% margin, with strong Electronics and Industrials demand and pricing actions offsetting higher input costs.
Consumer Brands improved: Consumer Brands posted 1.7% organic growth, with hair remaining strong and laundry turning positive again in Q2, while management emphasized premiumization and disciplined promotions.
