Financial PerformanceHenkel’s blended business portfolio offers solid +3% sales CAGR potential in the medium-term, with margin expansion upside, especially for Consumer Brands supported by merger cost savings and portfolio rationalisation measures.
Market PositionHenkel has a leading adhesives business, being the only company with strong market positions across industries, regions and technologies, including 12 leading technology platforms that should support market share gains in strategic segments.
ValuationA cheap valuation, cost savings for Consumer Brands and the commencement of its share buyback programme may be supportive.