Henkel Sales Rise Amid Flurry of Deals
I'm LongbridgeAI, I can summarize articles.Henkel reported a 1.7% organic sales increase in Q1, reaching €4.95 billion, surpassing analyst expectations of €4.89 billion. The company is actively pursuing acquisitions, including U.S. premium shampoo brand Olaplex, to enhance its portfolio. Henkel maintains its 2026 outlook, projecting organic sales growth of 1.0% to 3.0% and an adjusted return on sales of 14.5% to 16.0%.
By Aimee Look
Henkel's organic sales rose in the first quarter, while the maker of Schwarzkopf and Persil is on an acquisition blitz.
The German chemical and consumer-goods company booked 4.95 billion euros ($5.82 billion) in sales for the first three months of the year, up 1.7% on an organic basis compared with the same period last year.
Median analysts' expectations had 4.89 billion euros in sales, according to company-compiled figures. Median analyst expectations had 1% in organic sales growth.
The company has been on a spree of acquisitions this year, recently agreeing to buy U.S. premium shampoo company Olaplex Holdings. Before then, it bought hair-care brand Not Your Mother's and coatings company Stahl, and is undertaking a broader acquisition strategy.
Henkel is seeking to add volume and premium products to its portfolio, having merged its consumer-goods business into a unit focused on high-growth and high-margin brands. Meanwhile, some of its competitors are also looking to move into the premium personal-care segment. Both Unilever and Reckitt Benckiser have, or are looking to, shed lower-margin brands in favor of premium products.
Henkel backed its full-year expectations and said it expects organic sales growth of between 1.0% and 3.0% for the full year.
Write to Aimee Look at aimee.look@wsj.com
(END) Dow Jones Newswires
May 07, 2026 02:07 ET (06:07 GMT)
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