Henkel (HEN) investor relations material

Strategic positioning and growth drivers

• Holds global leadership in adhesives and strong #2 positions in consumer brands across active markets, supported by a compelling portfolio of iconic brands and robust R&D capabilities.

• Focuses on innovation, sustainability, and digitalization as core pillars, with significant investments in technology, M&A, and operational excellence.

• Maintains a solid financial foundation with attractive cash generation, strong debt ratings, and a long track record of stable or growing dividends.

• Pursues a clear strategy for purposeful growth, leveraging megatrends such as urbanization, mobility, and sustainability.

• Implements a collaborative culture and empowered workforce, with high executive engagement and global initiatives for diversity and inclusion.

Business segments and market leadership

• Adhesive Technologies is the global #1 player, serving over 800 industries, with leading positions in mobility, electronics, packaging, and construction.

• Consumer Brands segment is #2 in laundry, home care, and hair categories, with a focus on premiumization and innovation in core categories.

• Top 10 brands account for ~60% of Consumer Brands sales, driving above-average growth and market outperformance.

• Recent M&A activity has expanded both business segments, adding €1.5bn in profitable sales and strengthening technology and market positions.

• Global footprint includes 165 production sites in over 50 countries and a diverse workforce of ~47,200 employees from 125 nationalities.

Financial performance and ambitions

• 2025 sales reached €20.5bn, with adjusted EBIT of €3.0bn and a dividend yield of 3.0% per preferred share.

• Mid-term ambition targets 3–4% organic sales growth, ~16% adjusted EBIT margin, and mid- to high-single-digit EPS growth.

• Strong cash flow supports ongoing investments in R&D, digitalization, and sustainability, as well as continued shareholder returns through dividends and share buybacks.

• Achieved above-target savings from business integration and portfolio optimization, with significant reinvestment in growth initiatives.

• Maintains a single A credit rating from S&P and Moody’s, ensuring financial flexibility for future investments.