Henkel profit climbs and outlook positive but stock drops

NAMPA / DPA

2025-03-11

Dusseldorf (dpa) - German chemical and consumer goods major Henkel reported higher profit in its fiscal 2024 amid a slight growth in sales. The company also issued a positive outlook on Tuesday for fiscal 2025, and announced a double-digit percentage increase in the dividend, and a share buyback of up to a ?1 billion ($1.09 billion). But shares of Henkel were down around 10% in German trading after the firm predicted a slower start to the year.......

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