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Henkel & KGaA Q2 profit climbs 8.0% YOY

Henkel AG & Co. KGaA said its second-quarter normalized net income amounted to €1.15 per share, compared with the S&P Capital IQ consensus estimate of €1.32 per share.

EPS rose 8.0% year over year from €1.07.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €500.9 million, an increase of 8.0% from €463.8 million in the year-earlier period.

The normalized profit margin increased to 10.5% from 9.9% in the year-earlier period.

Total revenue totaled €4.65 billion, compared with €4.70 billion in the year-earlier period, and total operating expenses declined from the prior-year period to €3.83 billion from €3.93 billion.

Reported net income rose 7.7% from the prior-year period to €561.0 million, or €1.29 per share, from €521.0 million, or €1.20 per share.