Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Henkel trims earnings outlook on raw material price spike

BERLIN (Reuters) – German consumer goods group Henkel trimmed its full-year earnings outlook on Monday, saying it could not fully compensate for a spike in raw material prices and it also expects an impact from changes in foreign exchange rates.

The maker of Persil detergent and Schwarzkopf hair care products said it still expects 2021 organic sales growth of 6-8% after third-quarter sales rose an organic 3.5% to 5.1 billion euros ($5.89 billion), in line with average analyst forecasts.

(Reporting by Emma Thomasson; Editing by Riham Alkousaa)

Recent Post: