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OFFON

HENKEL AG & CO. KGAA

(HEN3)
  Report
Delayed Quote. Delayed Xetra - 09/24 11:35:19 am
79.28 EUR   -0.43%
09/24HENKEL VORZUEGE : Warburg Research maintains a Buy rating
MD
09/23HENKEL VORZUEGE : Deutsche Bank keeps its Buy rating
MD
09/23HENKEL VORZUEGE : UBS sticks Neutral
MD
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Henkel : expands emergency aid package - donation of 1 million euros in product donations and financial resources

07/22/2021 | 05:21am EDT

As a sign of solidarity and to support the people affected by the flood disaster in Western Germany, Henkel is expanding its emergency aid package to 1 million euros.

The company had previously announced a direct emergency aid program of 600,000 euros immediately after the flood disaster. Now, Henkel expands its measures to support people in affected regions with further donations in kind and financial aid totaling 400,000 euros.

'The dimensions of the destruction caused by the flood disaster and the many fates of those affected, including Henkel employees, are devastating. Therefore, we decided to further expand our emergency aid to one million euros. Continuous and unbureaucratic support for the aid workers, emergency personnel and victims of the flood disaster is essential to enable the reconstruction in affected regions,' says Carsten Knobel, Chairman of the Henkel Management Board.

The emergency aid program of Henkel worth 1 million euros includes the following measures:

Financial donation: Henkel donates via the Fritz Henkel Stiftung Foundation to support affected people and helpers in the crisis areas.

Aid for affected employees: The company offers financial assistance, if required accommodation in Henkel-owned apartments and free use of Persil Service to the employees affected. Furthermore, Henkel offers paid leave of up to five days to all colleagues who wish to participate in the operations of the volunteer fire department, the THW, the DRK, the DLRG or other aid organizations.

Donation of Adhesive Technologies products: Henkel donates products for sealing, bonding, and renovating as well as moisture absorbers to help rebuild damaged apartments and houses.

Donation of laundry detergents, household cleaners and body care products: Henkel donates laundry detergents, household cleaners and body care products.

In addition, Henkel is in close contact with the state government and the city of Dusseldorf to organize any further relief measures that may be necessary.

Emergency aid - immediate and unbureaucratic support

After Henkel announced its emergency aid package last week, employees have already been given paid time off to help in the crisis areas and financial support has been provided to affected employees. The first donations for people in affected regions have already been directed. Also the Henkel site fire department supported actively: the Kall fire department in the Euskirchen district was provided with a fire engine and professional clothing to ensure primary emergency care in the area.

(C) 2021 Electronic News Publishing, source ENP Newswire

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Analyst Recommendations on HENKEL AG & CO. KGAA
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Financials
Sales 2021 19 937 M 23 362 M 23 362 M
Net income 2021 1 791 M 2 099 M 2 099 M
Net Debt 2021 586 M 687 M 687 M
P/E ratio 2021 18,9x
Yield 2021 2,36%
Capitalization 32 908 M 38 534 M 38 562 M
EV / Sales 2021 1,68x
EV / Sales 2022 1,59x
Nbr of Employees 52 750
Free-Float 62,7%
Chart HENKEL AG & CO. KGAA
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Henkel AG & Co. KGaA Technical Analysis Chart | HEN3 | DE0006048432 | MarketScreener
Technical analysis trends HENKEL AG & CO. KGAA
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 79,28 €
Average target price 95,09 €
Spread / Average Target 19,9%
EPS Revisions
Managers and Directors
Carsten Knobel Chief Executive Officer
Marco Swoboda Chief Financial Officer
Simone Bagel-Trah Chairman-Supervisory Board
Thomas Gerd KŘhn Chief Compliance Officer & General Counsel
Michael Kaschke Member-Supervisory Board
Sector and Competitors