Henkel
This article was originally published in The Rose Sheet
Executive Summary
Cosmetic and toiletry sales rose 11.9% to $1.78 bil. ([Euro]1=$.88) in fiscal 2000, firm reports. CEO Ulrich Lehner recently announced Henkel will grow its cosmetics sector to rank among one of the top five worldwide (1"The Rose Sheet" Nov. 20, 2000, p. 7). Overall sales rose 12.5% to $11.4 bil. compared to 1999, and net earnings increased 25% to $448.5 mil. North American sales increased 17% to $1.95 bil. Sales in Latin America jumped 29% to $512.4 mil., African sales soared 53% to $191.8 mil. and sales in Asia/Australia grew 37% to $1.15 bil