Latest news with #AdhesiveTechnologies
Associated Press
6 days ago
- Business
- Associated Press
Beyond the Brand: Snuggle®
Henkel's two business units, Adhesive Technologies and Consumer Brands, are united by the pioneering spirit to reimagine and improve everyday life – today and for generations to come. Building on a strong legacy of more than 145 years, our brands and products play an important role in the lives of millions of people and help to transform entire industries. In this series, Beyond the Brand, you will learn about how Henkel's top brands are contributing to organizational goals and innovating constantly to serve and succeed on behalf of customers, consumers, and partners. This edition's featured brand is Snuggle® laundry products. Read on for more about the history, purpose, innovations, sustainability, and pioneering spirit of the team that goes far beyond the Snuggle® brand. The History of Snuggle® Brand The Snuggle® brand of laundry products has long been known for its mascot, the Snuggle® Bear! The cultural icon was created in 1986, and the cozy face quickly grew in popularity -- making an appearance in the 1987 Thanksgiving Day Parade, and being named an 'Icon of the Year' by Advertising Week's Madison Avenue Walk of Fame in 2014. As Snuggle® Bear has represented the brand for decades, the team behind the brand has also been driving creative innovation and bringing high-quality laundry products to consumers across the United States. The Purpose of Snuggle® Brand The Snuggle® brand is committed to making the world a cozier place, bringing the comfort of home to families everywhere. Innovations from the Snuggle® Brand The Snuggle® brand consistently seeks ways to stay at the forefront of the industry, with innovations over the years that bring new and exciting scents, functionalities, and results into consumers' laundry rooms. Snuggle® Scent Boosters are designed to boost your laundry with long-lasting freshness, with laundry crystals that dissolve in water at all temperatures, are safe on all fabrics, and provide up to 12 weeks of freshness*. The brand's extensive portfolio of other products like liquid fabric softeners and dryer sheets come in unique scents like Island Hibiscus™, Lavender Breeze™, and Super Fresh® Spring Burst® with key capabilities in odor elimination technology, static reduction, color protection, and lint & pet hair repellent. Sustainability from the Snuggle® Brand The Snuggle® brand is proud to be a part of Henkel's defined sustainability targets to reduce emissions, become net zero by 2045, and contribute to the circular economy. Snuggle® Scent Booster bottles are made with 100% recycled plastic**, and Snuggle® dryer sheet cartons can be recycled in any location where paper is accepted across North America. Henkel has also introduced concentrated formulas and packaging across all®, Persil® and Snuggle® liquid laundry products. This update offers laundry-doers fragrance at a more concentrated level per load – reducing the required dose for every wash. In addition, Snuggle® products empower their consumers to reduce their environmental footprint in the laundry room. Their website and digital campaigns share pro tips like washing your laundry at low temperatures to reduce energy consumption, fully loading your washing machine to reduce water use, using the proper amount of detergent as instructed on the label to help prevent overconsumption, and to use products with selective ingredients like Snuggle® Crystals Scent Boosters, which are made with a formula that is 95% naturally derived, with additional ingredients including fragrance. Beyond the Snuggle® Brand After decades of love from consumers across the nation, the brand launched a refresh in 2024! A campaign complete with digital activation and a brand-new design for the iconic Snuggle® Bear mascot not only emphasizes how Snuggle® products enhance comfort with its collection of liquid fabric softeners, dryer sheets and scent booster crystals, but also underscores the role of scent cues in evoking the familiar feeling of home. The digital content crafted for this campaign is designed to resonate with a broad audience through compelling storytelling and creative visuals. The content celebrates the range of products designed to appeal to all, emphasizing the joy of embracing both softness and freshness after every wash. As the Snuggle® brand takes their mission beyond their iconic brand, the way forward is centered around the powerful connection between scent, softness, and the feeling of home. This initiative celebrates the cherished familiarity of Snuggle® product's beloved scents while highlighting the comforting touchpoints of softness that evoke a sense of home. Whether near or far, Snuggle® products remind consumers that the feeling of home is always within reach, making every moment more comfortable. * Out of storage**Excluding cap and label Visit 3BL Media to see more multimedia and stories from Henkel
Yahoo
08-08-2025
- Business
- Yahoo
Henkel AG & Co KGaA (HELKF) Q2 2025 Earnings Call Highlights: Strong Margins and Strategic ...
Organic Sales Growth: Flat in H1; positive growth close to 1% in Q2. EPS Growth at Constant Currencies: Increased by 5% versus prior year. Share Buyback: Over EUR400 million worth of shares bought back by June 30. Adjusted EBIT Margin: Increased by 60 basis points to 15.5% for the group. Adhesive Technologies Sales: EUR5.4 billion with 1.2% organic sales growth. Consumer Brands Sales: EUR4.9 billion with 1.6% organic sales growth. Adjusted Gross Profit Margin: Increased by 60 basis points to 51.3%. Free Cash Flow: Almost EUR500 million. Net Financial Position: Around EUR500 million. 2025 Guidance: Organic sales growth of 1% to 2%; adjusted EBIT margin of 14.5% to 15.5%. Warning! GuruFocus has detected 3 Warning Sign with HELKF. Release Date: August 07, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Henkel AG & Co KGaA (HELKF) reported a strong margin increase driven by very strong gross margins while maintaining appropriate investment levels. The company executed a share buyback program faster than the previous one, with shares worth more than EUR 400 million already bought back. Henkel AG & Co KGaA (HELKF) updated its 2025 guidance, narrowing the ranges and aligning with or slightly exceeding current market expectations. The Adhesive Technologies segment showed robust development with positive organic sales growth, particularly in electronics and industrial businesses. Consumer brands saw a sequential acceleration in organic sales growth in Q2, with top 10 brands achieving more than 3% organic sales growth. Negative Points Organic sales growth in the first half was flat, with only a slight improvement in Q2. The company faced challenges in the consumer brands segment, particularly in laundry and home care, due to macroeconomic factors. Foreign exchange was a headwind, with a negative impact of 2.8% in the first half, and is expected to continue affecting sales. The professional hair business was impacted by weaker North American consumer demand. Henkel AG & Co KGaA (HELKF) lowered its top line guidance due to persistent uncertainties in the economy and geopolitical volatility. Q & A Highlights Q: In previous calls, you mentioned a strong start to the quarter for both top and bottom lines. Is this also the case for the current quarter? Additionally, regarding consumer brands, it seems that the top 10 brands grew by more than 3% in Q2, implying a decline in the rest of the consumer brands. Are there specific areas responsible for this decline, and what are your plans to improve growth in this segment? A: We have seen positive organic growth in both adhesive technologies and consumer brands for May, June, and July, which supports our expectation for a stronger H2 compared to H1. Regarding the consumer brands, the most pressure is in the laundry and home care area, which is more macro-related. We plan to continue our valorization process, invest behind our brands, and introduce more launches in the laundry area in H2 to improve performance. Q: Do you track price gaps versus peers or private labels as a KPI? The gaps seem elevated for Henkel, which might contribute to weak growth and high gross margins. Is there a risk of needing price cuts? A: Our strategy focuses on valorization and strong marketing support. We aim for a balance between price and volume, and our top 10 brands already show a good balance. While consumer sentiment has been weak, especially in Europe and the US, we have seen positive organic sales development in recent months. Innovations addressing consumer needs allow us to maintain higher prices. Q: Can you discuss the volume improvement in consumer brands and the impact of innovation? Will we see positive volume in Q3? Also, how do you expect the competitive environment to develop if demand weakens? A: The consumer sentiment has bottomed out, and we have seen improvements due to better innovations, resolved supply chain issues, and less destocking. We improved volume by 430 basis points in Q2. While I won't guide on Q3 or Q4, we aim for flat to positive territory for the year. Innovations are expected to contribute more in H2, with a balanced pipeline between Q3 and Q4. Q: With the professional hair business impacted by weaker North American demand, can you provide a regional split for professional? Is Europe still the dominant region? A: North America is the strongest region for our professional business, accounting for roughly half of it. We have seen strong organic sales growth in Q2 across all regions, with North America, APAC, and Latin America contributing positively. Our regional headquarters in Los Angeles supports this growth. Q: Regarding marketing and selling costs, is the additional spending done, or should we expect an increase in the second half due to innovations? A: There have been no cuts in marketing spending, which remains above prior year levels. The margin improvement is due to gross margin improvements, better mix, and efficiency gains. We expect higher marketing spend in H2 to support launches, but overall spending for the year will not be significantly higher than 2024. Q: Can you comment on the lower guidance for the top line? Are there specific markets or categories you're more cautious about? A: The uncertainties in the economy and geopolitical volatility persist longer than expected, particularly affecting North America. We see signs of improvement, but the environment remains muted. The narrowed guidance reflects this, aligning with market expectations. Q: You delivered at the top end of your margin guide for H1. Can you explain the building blocks for margins in H2? A: We expect higher marketing spend in H2 to support launches and a less favorable mix in consumer brands due to expected recovery in laundry. Raw materials might be slightly higher, but that's minor. For adhesive technologies, we expect a balanced bottom line development between H2 and H1. Q: Regarding electronics, was there forward purchasing due to tariff impacts? And for professionals, is the slowdown due to underspending or the consumer environment? A: There was no significant pre-skipping in electronics; the strong performance is expected to continue. For professionals, the slowdown was due to weak consumer sentiment, especially in North America. We have strong momentum in professional, supported by innovation centers and strong relationships with hairdressers. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
01-07-2025
- Business
- Yahoo
Henkel appoints North America President
Henkel has announced Rajat Agarwal as President of the Henkel North America region ROCKY HILL, Conn., July 1, 2025 /PRNewswire/ -- Henkel, a leading manufacturer of well-known consumer and industrial brands, such as all® free clear laundry detergent, Dial® soap, Schwarzkopf® hair care, and Loctite®, Technomelt® and Bonderite® adhesives, sealants, and functional coatings, announced that it has named Rajat Agarwal as President of its North America region. Agarwal also serves as Corporate Vice President, Packaging, Henkel Adhesive Technologies. In his role as President Henkel North America, Agarwal succeeds Pernille Lind Olsen, who will be seeking new opportunities in her home country of Denmark. Agarwal is based at Henkel's North America Adhesive Technologies Packaging headquarters in Bridgewater, NJ. "I am honored to take on this new role at Henkel after 28 years with the company. Alongside my fellow leaders and our colleagues across the United States and Canada, I look forward to continuing to build on our strong position in North America, Henkel's largest global market. With a focus on serving our customers, consumers, and partners across both business units, we will continue to deliver on our innovation and sustainability commitments while providing excellent products and services," said Agarwal. Agarwal joined Henkel in 1997 as a Research Scientist in the Automotive sector of the Henkel Adhesive Technologies business in Madison Heights, Michigan. Since then, he has held roles in research and global innovation at Henkel's global headquarters in Dusseldorf and spent 4 years as the President of Henkel Greater China. He most recently returned to the United States in 2024 where he assumed his current role as Corporate Vice President, Packaging, Henkel Adhesive Technologies. Agarwal holds a Ph.D. in Polymer Science from the University of Connecticut, and a Bachelor of Science in Chemical Engineering from the Indian Institute of Technology. Agarwal brings a wealth of technical expertise and decades of organizational knowledge to this new leadership role at Henkel. He leads with an entrepreneurial spirit and has found success across multiple regions and roles due to his strategic problem-solving. Agarwal's past experience and future-ready mindset create a unique set of qualifications that will inspire colleagues across the region to continue striving for excellence. His background in leading diverse and high-performing teams will empower the Henkel North America teams to continue to bring value to our customers. "I look forward to working with my colleagues on the Henkel North America Executive Committee, leveraging our enormous potential to bring Henkel's purpose as pioneers at heart for the good of generations to life. Our region is diverse, and collaborative; and each employee brings their individual perspectives to work, creating teams that are stronger than the sum of their parts," said Agarwal. Agarwal's appointment as Henkel Region President North America is effective as of July 1, 2025. About Henkel in North AmericaHenkel's portfolio of well-known brands in North America includes all®, Purex® and Persil® laundry detergents, Snuggle® fabric softeners, Dial® soaps, Schwarzkopf® hair care, as well as Loctite®, Technomelt® and Bonderite® adhesives. With sales close to 6.5 billion US dollars (6 billion euros) in 2024, North America accounts for 28 percent of the company's global sales. Henkel employs around 8,000 people across the U.S., Canada and Puerto Rico. For more information, please visit and on X @Henkel_NA. Photo material is available at Henkel ContactErica View original content to download multimedia: SOURCE Henkel North America Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
#AViewFrom Henkel North America: Greenville, SC
#AViewFrom Henkel North America series Did you know that Henkel North America employs approximately 8,000 employees in more than 70 sites across the U.S. and Canada? Collectively, these sites support two business units: Adhesive Technologies and Consumer Brands. NORTHAMPTON, MA / / May 15, 2025 / Our #AViewFrom series features select locations, sharing information and facts about our sites across Henkel North America. Take a stroll down the grocery store aisle, and you'll see numerous products that use water-based adhesives that are produced at Henkel's Greenville, South Carolina manufacturing facility. If an e-tailer package is delivered to your front door, you also benefit from adhesive-related products manufactured in this facility. From tissue to paper towels and bottle labels to Amazon® padded mailers, adhesive materials made by the team at this site are in all of these products and likely part of your life. Learn more in this segment of #AViewFrom: Greenville, SC. Henkel's Greenville, SC operation runs 24 hours a day, five days a week, with three production shifts, making water-based adhesives and unique packaging formulations that are used for tissue and paper towel production, bottle labeling, food package sealing, and, perhaps most famously, durable impact-resistant - yet recyclable - padded mailers for the world's largest e-tailers. Within this 82,000 sq. ft. facility, the tight-knit group of 46 employees manufactures EPIX® brand packaging chemistries, AQUENCE® brand tissue and towel adhesives, and LOCTITE® brand materials that seal food packages and secure paper and foil labels to glass and plastic bottles. Greenville supports Henkel Adhesive Technologies' packaging and consumer goods business units, shipping products worldwide from this southeastern USA-based site. "Our team is so focused and passionate about our work, ensuring we consistently produce the highest-quality materials." Over 500 adhesive products are made at the Greenville plant, and manufacturing that many distinct formulations takes tremendous knowledge, dedication, and teamwork. This group of employees - many who have worked here for over 20 years - is extraordinary; they support each other, take great pride in a job well done, and have fun together! The results speak for themselves. It's why we hold an incredible safety record and enthusiastically take on products that outgrow other facilities." Constructed in 1969, the Greenville facility joined the Henkel network in 2004 as part of the company's purchase of Sovereign Specialty Chemicals. Within the plant, four manufacturing cells house 21 kettles that, in 2024, produced 36 million kgs of material. Like all Henkel operations, sustainability is imperative, and Greenville's NoWa (no waste) project is making significant progress toward resource conservation. Water consumption has been cut in half, water reuse programs are in place, the transition to 100% LED lighting is underway, and digital sensors are installed throughout the facility to monitor and analyze energy use to drive efficiency. Greenville is also a zero-waste-to-landfill facility, diverting nearly all its production waste away from landfill sites for reuse or energy conversion. Safety is the top priority for employees at Greenville, and the team takes great pride in the facility's excellent safety performance and culture. "We want everyone to go home exactly the way they came to work, which is why the plant's safety culture is so vital." "The engagement in safety protocols is not a top-down directive; it is a mindset that our entire organization embraces because we sincerely care about each other and this plant's success." COMMUNITY PARTNERSHIP In an initiative that delivers sustainability and community enrichment, Henkel's Greenville plant has partnered with a local non-profit to repurpose the site's wooden pallets. "Instead of disposing of pallets or spending fuel transporting them far from our site, we donate them to an animal refuge in our community called Izzie's Pond," explains Jackson Tarleton, Sustainability Specialist. Partnering to Recycle Pallets The Greenville plant, and the nearby Enoree, South Carolina adhesives facility, donate used wooden pallets to Izzie's Pond, a nonprofit that sells some of the pallets to help fund its wildlife rescue and rehabilitation activities and uses others to house wildlife rescues. Henkel's donation of items that would otherwise be treated as waste has enabled Izzie's Pond to maintain the critical medical care to over 500 animals injured or orphaned while minimizing the need to dispose of the pallets as landfill waste. "Some of the pallets are used to construct enclosures that house rescued animals until they are rehabilitated and can return to the wild. It's gratifying to be a part of this effort, where animals -- and our pallets! -- get a second chance." CULTURE AND CAREER Greenville's small size is advantageous for employees eager to learn, move within departments, and gain valuable, marketable knowledge. "Willingness to embrace new challenges offered at our Greenville site has led to new opportunities, and I'm a prime example." Kory Anderson came to Henkel after beginning his career in finance. "I started in quality control and am now the materials coordinator. I'm also part of our culture-based safety and sustainability teams and have even participated in some plant communications projects. There's no lack of opportunity to upskill!" Greenville coworkers' compassion and caring for each other is palpable; colleagues describe each other as family. Robert Johnson, a production operator affectionately known as 'RJ', is one of them. After a medical incident at home led to emergency surgery, RJ was deeply touched - but not surprised - by what he witnessed following his procedure. "When I woke up, the plant management team was by my bedside. I have no immediate family in this area, but I have my Henkel family. The sincere support of everyone at this site is heartwarming and makes going to work every day a joy." View additional multimedia and more ESG storytelling from Henkel on Contact Info:Spokesperson: HenkelWebsite: info@ SOURCE: Henkel View the original press release on ACCESS Newswire
Yahoo
09-05-2025
- Business
- Yahoo
Henkel AG & Co KGaA (HELKF) Q1 2025 Earnings Call Highlights: Navigating Challenges with ...
Organic Net Sales Growth: Group level at -1%; Consumer business at -3.5%; Adhesive Technologies at +1.1%. Revenue: EUR5.2 billion, down 1.4% from the prior year quarter. Gross Margin: Strong performance noted, specific figures not provided. EBIT Margin: Strong performance noted, specific figures not provided. Pricing Contribution: Group level at +1.4%; Consumer brands at +2%. Volume Development: Negative territory, particularly in the consumer business. Regional Performance: Asia Pacific +3.6%; India, Middle East, Africa +4.6%; Latin America +1.5%; Europe and North America declined. Adhesive Technologies Sales: EUR2.7 billion. Consumer Brands Sales: EUR2.5 billion. Innovation Pipeline: Stronger contributions expected in the second half of 2025. Adjusted EBIT Margin Guidance: 14% to 15.5% for the group. Adjusted EPS Growth Guidance: Low- to high-single-digit percentage increase at constant exchange rates. Share Buyback: Up to EUR1 billion planned by Q1 2026. Warning! GuruFocus has detected 3 Warning Sign with HELKF. Release Date: May 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Henkel AG & Co KGaA (HELKF) reported strong gross and EBIT margins in Q1 2025, indicating robust financial health. Adhesive Technologies delivered organic net sales growth of 1.1%, with a good balance between volumes and pricing. The company successfully closed the divestment of its retailer brands business in North America earlier than anticipated, completing its strategic portfolio optimization program. Henkel AG & Co KGaA (HELKF) is launching a new share buyback program of up to EUR1 billion, demonstrating confidence in its financial position. The company has a well-filled M&A pipeline and continues to invest in tech-driven innovations, particularly in its consumer brands segment. Henkel AG & Co KGaA (HELKF) reported a minus 1% organic net sales growth for Q1 2025, reflecting a softer start to the year. The consumer business experienced a decline of 3.5% in organic sales, impacted by muted consumer sentiment and customer destocking, particularly in the US. Volume development was negative, influenced by supply chain challenges and high prior year comparables. The company faces a challenging macroeconomic environment with increased volatility and uncertainty, particularly in North America. Henkel AG & Co KGaA (HELKF) anticipates continued headwinds from foreign exchange effects and raw material prices throughout 2025. Q: Can you explain the factors affecting volume growth in consumer brands for Q1, and do you still expect positive volumes for the year? A: The volume decline was due to subdued consumer sentiment, customer destocking, particularly in the US, and supply chain challenges, which have mostly been resolved. We still expect positive volume growth for the year, supported by a strong innovation pipeline in the second half. (Carsten Knobel, Chairman of the Management Board) Q: Why haven't you updated your 2025 margin guidance despite strong Q1 performance? A: We are well within our guidance range, but due to the volatile and uncertain macro environment, we prefer to maintain a wider range for now. (Carsten Knobel, Chairman of the Management Board) Q: What are the drivers behind the decline in Fabric & Home Care in Europe, and how do you plan to compete with private labels? A: The decline is due to pressure on household budgets and elevated private label shares. We plan to compete with innovations and better product quality. In Europe, private label share is about 20%, compared to 5% in North America. (Carsten Knobel, Chairman of the Management Board) Q: How do you view the outlook for industrial end markets, particularly autos and electronics? A: Automotive remains challenging, but we see strong growth in electronics and industrials. We are confident in our adhesives guidance due to our broad market presence and strong product pipeline. (Carsten Knobel, Chairman of the Management Board) Q: With all companies expecting a better H2, how much of your improvement is expected from sell-out versus sell-in? A: We expect improvement from both sell-out and sell-in, supported by a strong innovation pipeline and the resolution of supply chain challenges. Destocking in North America is also leveling out. (Carsten Knobel, Chairman of the Management Board) Q: If the US macro environment continues to deteriorate, would you delay innovation launches? A: We do not plan to delay innovation launches. Our pipeline is set for the year, and we expect the consumer sentiment to improve in the second half. (Marco Swoboda, Executive Vice President - Finance, Purchasing, Global Business Solutions) Q: Can you confirm if you expect acceleration in Adhesives even if autos remain weak? A: Yes, we expect acceleration in Adhesives due to strong performance in other segments like electronics and industrials, despite challenges in automotive. (Carsten Knobel, Chairman of the Management Board) Q: How do you plan to address the competitive environment in consumer brands with all companies increasing innovation and marketing spend? A: We focus on impactful innovations and strong marketing investments to drive growth. Our top 10 brands have been outperforming, and we have resolved supply chain issues. (Carsten Knobel, Chairman of the Management Board) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
