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Henkel C&T

This article was originally published in The Rose Sheet

Executive Summary

German-based marketer of Dial soap and Right Guard deodorant offers preliminary Q4 report for its cosmetics and toiletries division, calling for 3.5 percent increase in sales to roughly €3.01 bil. ($4.2 bil.). Unit's profits increased 2.6% to €387 mil. ($536.6 mil.), according to firm's release. Henkel's overall sales advanced a "better-than-anticipated" 12.4% in the fourth quarter to €13.57 bil. ($18.82 bil.), exceeding analyst expectations, it says. Year-end and official fourth-quarter results are expected Feb. 25
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