Henkel Cosmetics Biz posts substantial increase in sales
27 Feb '08
2 min read
Net earnings for the year increased by 8.0 percent to 941 million euros. After deducting minority interests of 20 million euros, net earnings were 921 million euros (+7.7 percent). Earnings per preferred share increased from 1.99 euros to 2.14 euros (+7.5 percent).
Capital expenditures on property, plant and equipment in 2007 totaled 470 million euros, and free cash flow amounted to 769 million euros. Net working capital was reduced by 1.8 percentage points to 11.5 percent of sales.
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