11.30.-1
03 Henkel AG & Co. KGaA
Dusseldorf, Germany
www.henkel.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1876
REVENUE: $11.174 billion s (2012: $10.61 billion)
MARKETS SERVED
• Adhesives • Sealants • Special Purpose coatings
KEY EXECUTIVES
Kasper Rorsted, chairman and CEO; Jan-Dirk Auris, executive VP Adhesive Technologies and member of the board. Senior VPs of Adhesive Technologies: Ramon Bacardit, Research; Julian Colquitt, North America, General Industry; Jean Fayolle, Packaging Industry; Eric Holzbacher, Africa/Middle East, Consumer and Building Industry; Paul Kirsch, Transportation and Metal Industry; Michael Olosky, Asia Pacific; Matthias Schmidt, Financial Director; Alan Syzdek, Electronics Industry.
Henkel’s Adhesives Technologies business sector comprises five business units: Adhesives for Consumers, Craftsmen and Building, Transportation and Metal: General Industry; Packaging, Consumer Goods and Construction Adhesives; and Electronics. Adhesives were up 2.7 percent with sales of $11.174 billion.
“2013 was a very successful year for Henkel. Despite a challenging and highly competitive market environment, we achieved our financial targets and made significant progress in implementing our strategy 2016,” said Henkel CEO Kasper Rorsted. “We achieved profitable growth and increased market share in all our business units. All regions contributed to the solid organic sales growth. As in previous years, emerging markets showed a very strong development. In these countries, however, foreign exchange effects had a stronger impact on reported sales.”
Looking at the fiscal year 2014, Rorsted said: “The economic environment remains challenging and we expect persisting foreign exchange effects, particularly in the first half of the year. Thus, we will continue to further simplify and improve our processes and structures, making us more flexible and more efficient. We are focused on implementing our strategy in order to deliver on our ambitious financial targets for 2016.”
The economic environment for the Adhesive Technologies business unit was characterized by moderate growth in relevant markets, which was in many instances lower than initially forecasted. The effects were felt mainly in the emerging markets outside Europe, and in the markets of Western Europe and North America. Trends in important industrial markets such as those in the automotive and electronics industries were subdued. Private consumption remained largely stable. Global market growth was again driven by positive development overall in the emerging markets. The highest rate of growth was seen in Asia (excluding Japan). The markets in Western Europe and the mature markets of the Asia-Pacific region declined slightly. The markets of North America showed a moderate increase.
The Adhesive Technologies business unit achieved solid organic sales growth in the reporting period, and an excellent increase in adjusted return on sales, thus continuing its profitable growth trend of the previous years. Organically – i.e. adjusted for currency exchange and acquisitions/divestments – sales grew by 2.7 percent overall, slightly more than the market as a whole. This was achieved through increases in both price and volume.
The sales increase was driven mainly by the emerging markets, in which Henkel recorded strong growth. The Latin America region performed particularly well with double-digit growth. Eastern Europe also recorded a strong rise in sales. The Asia-Pacific region (excluding Japan) showed solid performance. Revenue development in the Africa/Middle East region was positive. In the mature markets, organic sales growth was positive. North America posted a positive performance year on year. Sales were stable in Western Europe despite the difficult economic environment. However, sales in the mature markets in Asia fell short of the previous year’s level.
Henkel Indonesia has pioneered a new mobile training concept with its Loctite Mobile Concept Car (MCC). The MCC, the first of its kind for the adhesive industry in Indonesia, aims to train 900 customers and distributors across Indonesia by the end of 2014.
The MCC is a mobile training room, fully equipped to support technical training, demonstration and testing of Henkel’s adhesive products and technologies under the Loctite brand. The training is designed to train maintenance, parts and technical service engineers on the use of Loctite’s anaerobic and cleaner products in a variety of industries. These industries include heavy equipment, cement, mining, pulp and paper, petrochemical and general manufacturing.
Based on the concept of ‘Bringing Solutions to You,’ the MCC imparts technical knowledge and skills to customers and distributors at their sites, eliminating their need for travel to a central learning facility. It comes furnished with product samples, hands-on material, testing equipment, an LCD TV to run videos and presentation slides, a sound system and air-conditioning. On the MCC, participants attend workshops, such as the Maintenance Reliability Workshop, Surface Engineering Workshop and Loctite Manufacturing Excellence.
Allan Yong, president of Henkel Indonesia, said, “The MCC serves as an important platform for us to deepen our collaboration with our customers and distributors. Following our first MCC in Jakarta, the next step is to deploy more MCCs across Indonesia - in East Java, Sumatra and Kalimantan.”
Dusseldorf, Germany
www.henkel.com
PUBLIC COMPANY
YEAR ESTABLISHED: 1876
REVENUE: $11.174 billion s (2012: $10.61 billion)
MARKETS SERVED
• Adhesives • Sealants • Special Purpose coatings
KEY EXECUTIVES
Kasper Rorsted, chairman and CEO; Jan-Dirk Auris, executive VP Adhesive Technologies and member of the board. Senior VPs of Adhesive Technologies: Ramon Bacardit, Research; Julian Colquitt, North America, General Industry; Jean Fayolle, Packaging Industry; Eric Holzbacher, Africa/Middle East, Consumer and Building Industry; Paul Kirsch, Transportation and Metal Industry; Michael Olosky, Asia Pacific; Matthias Schmidt, Financial Director; Alan Syzdek, Electronics Industry.
Henkel’s Adhesives Technologies business sector comprises five business units: Adhesives for Consumers, Craftsmen and Building, Transportation and Metal: General Industry; Packaging, Consumer Goods and Construction Adhesives; and Electronics. Adhesives were up 2.7 percent with sales of $11.174 billion.
“2013 was a very successful year for Henkel. Despite a challenging and highly competitive market environment, we achieved our financial targets and made significant progress in implementing our strategy 2016,” said Henkel CEO Kasper Rorsted. “We achieved profitable growth and increased market share in all our business units. All regions contributed to the solid organic sales growth. As in previous years, emerging markets showed a very strong development. In these countries, however, foreign exchange effects had a stronger impact on reported sales.”
Looking at the fiscal year 2014, Rorsted said: “The economic environment remains challenging and we expect persisting foreign exchange effects, particularly in the first half of the year. Thus, we will continue to further simplify and improve our processes and structures, making us more flexible and more efficient. We are focused on implementing our strategy in order to deliver on our ambitious financial targets for 2016.”
The economic environment for the Adhesive Technologies business unit was characterized by moderate growth in relevant markets, which was in many instances lower than initially forecasted. The effects were felt mainly in the emerging markets outside Europe, and in the markets of Western Europe and North America. Trends in important industrial markets such as those in the automotive and electronics industries were subdued. Private consumption remained largely stable. Global market growth was again driven by positive development overall in the emerging markets. The highest rate of growth was seen in Asia (excluding Japan). The markets in Western Europe and the mature markets of the Asia-Pacific region declined slightly. The markets of North America showed a moderate increase.
The Adhesive Technologies business unit achieved solid organic sales growth in the reporting period, and an excellent increase in adjusted return on sales, thus continuing its profitable growth trend of the previous years. Organically – i.e. adjusted for currency exchange and acquisitions/divestments – sales grew by 2.7 percent overall, slightly more than the market as a whole. This was achieved through increases in both price and volume.
The sales increase was driven mainly by the emerging markets, in which Henkel recorded strong growth. The Latin America region performed particularly well with double-digit growth. Eastern Europe also recorded a strong rise in sales. The Asia-Pacific region (excluding Japan) showed solid performance. Revenue development in the Africa/Middle East region was positive. In the mature markets, organic sales growth was positive. North America posted a positive performance year on year. Sales were stable in Western Europe despite the difficult economic environment. However, sales in the mature markets in Asia fell short of the previous year’s level.
Henkel Indonesia has pioneered a new mobile training concept with its Loctite Mobile Concept Car (MCC). The MCC, the first of its kind for the adhesive industry in Indonesia, aims to train 900 customers and distributors across Indonesia by the end of 2014.
The MCC is a mobile training room, fully equipped to support technical training, demonstration and testing of Henkel’s adhesive products and technologies under the Loctite brand. The training is designed to train maintenance, parts and technical service engineers on the use of Loctite’s anaerobic and cleaner products in a variety of industries. These industries include heavy equipment, cement, mining, pulp and paper, petrochemical and general manufacturing.
Based on the concept of ‘Bringing Solutions to You,’ the MCC imparts technical knowledge and skills to customers and distributors at their sites, eliminating their need for travel to a central learning facility. It comes furnished with product samples, hands-on material, testing equipment, an LCD TV to run videos and presentation slides, a sound system and air-conditioning. On the MCC, participants attend workshops, such as the Maintenance Reliability Workshop, Surface Engineering Workshop and Loctite Manufacturing Excellence.
Allan Yong, president of Henkel Indonesia, said, “The MCC serves as an important platform for us to deepen our collaboration with our customers and distributors. Following our first MCC in Jakarta, the next step is to deploy more MCCs across Indonesia - in East Java, Sumatra and Kalimantan.”