UPDATE 2-Persil helps laundry business shine despite Henkel sales fall [Reuters]
HENKEL AG & CO KGAA PFD (HENOY)
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henkel.com
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Source: Reuters
UPDATE 2-Persil helps laundry business shine despite Henkel sales fall - Reuters 3 Min Read * Q3 sales down 0.3% to 5.077 bln euros * Adjusted EPS down 9.5% to 1.43 euros * Confirms 2019 guidance * Shares down 1.5% (Adds details from CEO presentation) By Emma Thomasson BERLIN, Nov 14 (Reuters) - New Persil detergent lines helped a pick up in growth at Henkel’s laundry and home care business, although the German consumer goods company’s beauty and adhesives division struggled as overall third quarter sales fell. Henkel said on Thursday its laundry and home care unit, which has relaunched Persil detergent and is trying to sell more online-friendly products, reported a rise in organic sales of 4%, up from 2% in the second quarter. Persil, which competes with Procter & Gamble brands like Tide and Ariel, had double-digit sales growth, helped by a strong launch for its new four-chamber discs in Europe and North America, Henkel’s chief executive Hans Van Bylen told analysts. Henkel’s overall
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