Henkel Posts Rise In Q2 Earnings, Lifts Full-Year Forecast

Henkel AG & Co KGaA HENOY reported a rise in its earnings for the second quarter and lifted its earnings forecast for the full year. Henkel's quarterly sales surged 6.4% to 4.21 billion euros ($5.18 billion). Its adjusted after-tax profit climbed to EUR420 million, from EUR343 million, while earnings before interest and taxes jumped 8.5% to EUR583 million. Henkel's EBIT margin rose to 13.9% versus 13.6%. Its quarterly EPS surged to EUR0.92, versus EUR0.85. Henkel shares closed at $72.54 yesterday.