Henkel Ag & Co. Kgaa · XETR:HEN
Henkel Ag & Co. Kgaa — FY 2025 Earnings Presentation
66 slides from Henkel Ag & Co. Kgaa's earnings presentation, Mar 11, 2026
Slide 1: Henkel FY 2025
HENKEL FY 2025 CARSTEN KNOBEL, MARCO SWOBODA – 11 MARCH 2026
Slide 2: Disclaimer
DISCLAIMER This presentation contains forward-looking statements which are based on current estimates and assumptions made by the corporate management of Henkel AG & Co. KGaA. Statements with respect to the future are characterized by the use of words such as “expect”, “intend”, “plan”, “anticipate”
Slide 3: Agenda
AGENDA 01 Key Developments & Highlights FY 2025 02 Financial Performance FY 2025 & Outlook 03 Looking Ahead: Henkel Poised for Further Growth 04 Key Take-Aways & Closing 3 HENKEL FY 2025
Slide 4: At a Glance
AT A GLANCE HENKEL GROUP ORGANIC ADJ. ADJ. EPS GROWTH SALES GROWTH EBIT MARGIN (AT CONSTANT FX) FY 2025 0.9% 14.8% ADHESIVE 4.7% CONSUMER ▪ Robust topline performance despite muted environment with TECHNOLOGIES BRANDS positive price and volume development in Q4 in both businesses ADHESIVE TECHNOLOGI
Slide 5: Selective Highlights
SELECTIVE HIGHLIGHTS HENKEL GROUP ADHESIVE TECHNOLOGIES CONSUMER BRANDS Strong growth in Hair and Strong financial position allowing for Double-digit growth TOP 10 brands in FY 2025 and further investments including M&A in Electronics & overall positive volumes in H2 very strong performance in Indus
Slide 6: Continuously delivering on our sustainability targets in 2025 and beyond
CONTINUOUSLY DELIVERING ON OUR SUSTAINABILITY TARGETS IN 2025 AND BEYOND Selective Highlights 28% Continued EXCELLENT RESULTS in share of RECYCLED PLASTIC for all consumer goods packaging ESG RATINGS and RANKINGS (target: 30% by 2025) in 2025 -29% 98% absolute scope 1, 2 and 3 GHG OF PALM-BASED INGR
Slide 7: Outlook 2026
OUTLOOK 2026 ORGANIC SALES GROWTH 1.0 to 3.0% ADJUSTED EBIT MARGIN 14.5 to 16.0% ADJUSTED EPS1 low to high single-digit % increase 7 HENKEL FY 2025 1 Per preferred share, at constant exchange rates
Slide 8: Agenda
AGENDA 01 Key Developments & Highlights FY 2025 02 Financial Performance FY 2025 & Outlook 03 Looking Ahead: Henkel Poised for Further Growth 04 Key Take-Aways & Closing 8 HENKEL FY 2025
Slide 9: Organic Sales Development
ORGANIC SALES DEVELOPMENT FY 2025 0.9% -1.7% -4.2% -5.1% OSG A&D FX NOMINAL PRICE VOLUME SALES 0.9% 0.0% €20.5bn 9 HENKEL FY 2025
Slide 10: Organic Sales Development by Region
ORGANIC SALES DEVELOPMENT BY REGION FY 2025 Group organic sales growth Group sales share EUROPE NORTH AMERICA ASIA-PACIFIC IMEA LATIN AMERICA -1.6% -1.0% 3.4% 12.1% -0.5% 38% 26% 17% 10% 7% 10 HENKEL FY 2025
Slide 11: Adhesive Technologies
ADHESIVE TECHNOLOGIES FY 2025 ORGANIC ADJ. SALES GROWTH EBIT MARGIN 1.5% 16.7% SALES ADJ. EBIT €10.7BN €1.8BN PRICE VOLUME 0.7% 0.7% 11 HENKEL FY 2025
Slide 12: Adhesive Technologies: Organic Sales Growth and EBIT Margin
Organic Sales Growth Development ADHESIVE TECHNOLOGIES in % 2.4 2.0 0.3 0.7 0.5 FY 2025 – Business Unit Performance 0.1 ▪ Good organic sales growth driven by balanced 0.0 0.6 1.0 0.5 0.8 0.7 price and volume development in demanding environment FY/24 Q1/25 Q2/25 Q3/25 Q4/25 FY/25 ▪ Robust pricing –
Slide 13: Mobility & Electronics
MOBILITY & ELECTRONICS FY 2025 ORGANIC SALES SALES GROWTH 3.3% €3.9bn Double-digit growth in Electronics and very strong growth in Industrials Automotive impacted by muted demand in key markets 13 HENKEL FY 2025
Slide 14: Packaging & Consumer Goods
PACKAGING & CONSUMER GOODS FY 2025 ORGANIC SALES SALES GROWTH -0.6% €3.1bn Positive development in Consumer Goods Packaging negative due to lower demand 14 HENKEL FY 2025
Slide 15: Craftsmen, Construction & Professional
CRAFTSMEN, CONSTRUCTION & PROF. FY 2025 ORGANIC SALES SALES GROWTH 1.3% €3.7bn Good growth in Construction as well as Manufacturing & Maintenance Consumers & Craftsmen with positive development 15 HENKEL FY 2025 Loctite as official partner of Simona De Silvestro at Winter Olympic 2026
Slide 16: Consumer Brands
CONSUMER BRANDS FY 2025 ORGANIC ADJ. SALES GROWTH EBIT MARGIN 0.3% 14.5% SALES ADJ. EBIT €9.7BN €1.4BN PRICE VOLUME 1.1% -0.8% 16 HENKEL FY 2025
Slide 17: Consumer Brands: Organic Sales Growth and EBIT Margin
Organic Sales Growth Development CONSUMER BRANDS in % 4.2 2.8 2.0 1.5 0.9 1.1 FY 2025 – Business Unit Performance 1.4 -1.2 -0.6 -0.8 -1.2 ▪ Positive organic sales growth in FY driven by positive pricing -5.5 with positive volume development in H2 FY/24 Q1/25 Q2/25 Q3/25 Q4/25 FY/25 ▪ Significant org
Slide 18: Laundry & Home Care
LAUNDRY & HOME CARE FY 2025 ORGANIC SALES SALES GROWTH -0.9% €5.8bn Good growth in Home Care driven by double-digit growth in Hand Dishwashing Laundry Care negative due to Fabric Cleaning – top brands Persil & Perwoll with strong growth 18 HENKEL FY 2025
Slide 19: Hair
HAIR FY 2025 ORGANIC SALES SALES GROWTH 3.2% €3.3bn Strong growth in Consumer mainly driven by very strong growth in Coloration & Styling Professional with good growth with strongest contribution from North America and Europe 19 HENKEL FY 2025
Slide 20: Other Consumer Businesses
OTHER CONSUMER BUSINESSES FY 2025 ORGANIC SALES SALES GROWTH -3.3% €0.6bn Below prior year due to Body Care 20 HENKEL FY 2025
Slide 21: Bridge from Adjusted Gross Profit to Adjusted EBIT
BRIDGE FROM ADJUSTED GROSS PROFIT TO ADJUSTED EBIT FY 2025 Impact on adjusted EBIT margin in pp vs. PY, in % of sales 51.1% -28.1% -3.0% -5.4% 0.1% 14.8% +0.5pp +0.1pp -0.1pp -0.1pp +0.1pp +0.5pp Adj. Gross Profit Marketing, selling R&D Admin OOI / OOE Adj. EBIT & distribution 21 HENKEL FY 2025
Slide 22: Bridge from Reported to Adjusted EBIT
BRIDGE FROM REPORTED TO ADJUSTED EBIT FY 2025 in €m 2,816 -39 137 112 3,026 REPORTED EBIT ONE-TIME INCOME ONE-TIME EXPENSES RESTRUCTURING ADJUSTED EBIT 22 HENKEL FY 2025
Slide 23: Bridge from Adjusted EBIT to Adjusted EPS
BRIDGE FROM ADJUSTED EBIT TO ADJUSTED EPS FY 2025 in €m 3,026 -57 -741 2,229 -23 2,206 (25.0%1) ADJUSTED EPS2 €5.33 -0.6% y-o-y +4.7% at constant currencies DIVIDEND3 Adj. EBIT Financial result Taxes on income (adj.) Adj. net income Non- controlling Adj. net income attributable to €2.07 interest sha
Slide 24: Development of Cash KPIs
DEVELOPMENT OF CASH KPIs FY 2025 NET WORKING CAPITAL FREE CASH FLOW NET FINANCIAL POSITION 3.8% €1.9bn €0.1bn Change y-o-y Change y-o-y Change y-o-y +80bps -€0.5bn +€0.2bn 24 HENKEL FY 2025
Slide 25: Offering Attractive Shareholder Returns
OFFERING ATTRACTIVE SHAREHOLDER RETURNS WHILE INVESTING INTO OUR BUSINESSES >10% €2.07 €2bn €1bn €1bn DIVIDEND +~3.5% p.a. SHARE INCREASE BUYBACK OVER THE PAST 2015 2025 2022–2026 2022 / 2023 2025 / 2026 TWO YEARS ▪ Dividend policy with targeted payout ratio of 30-40%1 ▪ First ever share buyback in
Slide 26: Outlook 2026: Economic Environment
OUTLOOK 2026 ECONOMIC ENVIRONMENT Overall volatile economic and geopolitical environment continuing in 2026 ▪ Geopolitical tensions and tariffs leading to high volatility in trade flows, raw material prices and foreign exchange markets ▪ Global GDP expected to show moderate growth ▪ Industrial produ
Slide 27: Outlook 2026
OUTLOOK 2026 ORGANIC ADJUSTED ADJUSTED SALES GROWTH EBIT MARGIN EPS1 GROUP 1.0 to 3.0% 14.5 to 16.0% Low to high single- digit % increase ADHESIVE TECHNOLOGIES 1.0 to 3.0% 16.5 to 18.0% CONSUMER BRANDS 0.5 to 2.5% 14.0 to 15.5% 27 HENKEL FY 2025 1 Per preferred share, at constant exchange rates
Slide 28: Agenda
AGENDA 01 Key Developments & Highlights FY 2025 02 Financial Performance FY 2025 & Outlook 03 Looking Ahead: Henkel Poised for Further Growth 04 Key Take-Aways & Closing 28 HENKEL FY 2025
Slide 29: Years of pioneering spirit means shaping progress with purpose
150 years of pioneering spirit means shaping progress with purpose. Building on our strong legacy and pioneering spirit, we are ready for the future. We are pioneers at heart for the good of generations. 29
Slide 30: Strong Businesses with Leading Positions
STRONG BUSINESSES WITH LEADING POSITIONS HENKEL GROUP ADHESIVE TECHNOLOGIES CONSUMER BRANDS Craftsmen, Mobility & Packaging & Laundry & Hair Other Construction & Electronics Consumer Goods Home Care Consumer Professional Professional & Consumer (Body Care) #1 #1 #3 #2 #2 Presence in worldwide worldw
Slide 31: Driving Further Profitable Growth: Mid-Term Ambition
DRIVING FURTHER PROFITABLE GROWTH STRINGENTLY WORKING TOWARDS OUR MID-TERM AMBITION MID-TERM FINANCIAL AMBITION Building Blocks HENKEL GROUP ▪ Strong businesses with leading positions benefitting ORGANIC SALES from global megatrends 3 to 4% GROWTH ▪ Optimized portfolio in both businesses ▪ Leveragin
Slide 32: Adhesive Technologies with Leading Positions in a Broad Range of Market Segments
ADHESIVE TECHNOLOGIES WITH LEADING POSITIONS IN A BROAD RANGE OF MARKET SEGMENTS MOBILITY & PACKAGING & CRAFTSMEN, CONSTRUCTION ELECTRONICS CONSUMER GOODS & PROFESSIONAL Automotive OEMs & components, Food & beverage, hygiene, DIY, craftsmen, construction, e-mobility, metal coil, electronics, metal a
Slide 33: Adhesive Technologies Driving Profitable Growth Organically and Inorganically
ADHESIVE TECHNOLOGIES DRIVING PROFITABLE GROWTH ORGANICALLY AND INORGANICALLY ▪ Driving growth opportunities along global megatrends ▪ Investing in high-growth markets ▪ Building on technology leadership and strong global manufacturing footprint Key drivers for profitable growth ▪ Leveraging unique
Slide 34: Driving Growth Opportunities Along Global Megatrends
DRIVING GROWTH OPPORTUNITIES ALONG GLOBAL MEGATRENDS URBANIZATION MOBILITY CONNECTIVITY DIGITALIZATION SUSTAINABILITY Driving speed, Solving challenges Facilitating new Improved Enhancing sustainability efficiency & sustainability with new applications functionalities & designs time-to-market & acro
Slide 35: Investing in High-Growth Markets
INVESTING IN HIGH-GROWTH MARKETS SELECTIVE EXAMPLES MAINTENANCE, REPAIR ELECTRONIC SOLUTIONS AEROSPACE & OVERHAUL (MRO) OUTPERFORMING DOUBLE-DIGIT OUTPERFORMING markets in highly growth1,2 from markets with attractive segment with RISE OF AI HIGH SINGLE-DIGIT HIGH SINGLE-DIGIT growth1 growth1 Drivin
Slide 36: Building on Technology Leadership and Strong Global Manufacturing Footprint
BUILDING ON TECHNOLOGY LEADERSHIP AND STRONG GLOBAL MANUFACTURING FOOTPRINT Ensuring customer proximity MADISON HEIGHTS at global scale DÜSSELDORF Leveraging our technology-agnostic approach across>800 industries Battery Application Centre SHANGHAI OPENED IN 2025 Building on strong and scalable tech
Slide 37: Leveraging Unique Value Chain Position to Drive Customer-Centric Solutions
LEVERAGING UNIQUE VALUE CHAIN POSITION TO DRIVE CUSTOMER-CENTRIC SOLUTIONS DESIGN / R&D TESTING PRODUCTION Early involvement in product design phase Collaborative product & solution testing Joint production processes improvement Industry example: Applications for automotive batteries Enhancing solut
Slide 38: Increasing Content Share Across Markets
INCREASING CONTENT SHARE ACROSS MARKETS SELECTIVE EXAMPLES Average number of Sales potential of Henkel solutions per smartphone +~50% Henkel solutions >2x 2020 2030 Combustion engine Electric vehicle Applications enabling MINIATURIZATION, WATER EV SALES POTENTIAL for Henkel solutions RESISTANCE and
Slide 39: Leading the Sustainability Transformation
LEADING THE SUSTAINABILITY TRANSFORMATION BUILDING A FUTURE-PROVEN SUSTAINABLE SETTING NEW INDUSTRY STANDARDS FOR PRODUCT PORTFOLIO CIRCULARITY & CARBON FOOTPRINT REDUCTION Emission Circular materials, Chemical safety, reduction, energy enabling debon- safety in Selective example & material ding com
Slide 40: Enhancing Growth with Attractive M&A Opportunities
ENHANCING GROWTH WITH ATTRACTIVE M&A OPPORTUNITIES … CORE ADJACENCIES Enabling future SUSTAINABLE Strengthen portfolio by expanding into Expand into new high-potential growth high-growth markets markets PROFITABLE GROWTH Integrate scalable assets into our Add attractive adjacencies with familiar VIA
Slide 41: Adding ~1.5bn of Profitable Sales in Recent Years
… ADDING ~1.5BN OF PROFITABLE SALES IN RECENT YEARS ADJACENCIES CORE FLEXIBLE COATING WATER-BASED MAINTENANCE, REPAIR HIGH-PERFORMANCE TECHNOLOGY SPECIALTY TAPES & OVERHAUL FAÇADE SYSTEMS STAHL ATP ADHESIVE CRITICA SEAL WETHERBY GROUP1 SYSTEMS1 INFRASTRUCTURE FOR LIFE LAROC GROUP4 Expands into Enhan
Slide 42: Driving Further Profitable Growth in Adhesive Technologies
DRIVING FURTHER PROFITABLE GROWTH IN ADHESIVE TECHNOLOGIES MID-TERM ▪ Driving growth opportunities along global megatrends FINANCIAL AMBITION ▪ Investing in high-growth markets 3-5 % ▪ Building on technology leadership and strong global manufacturing footprint ORGANIC SALES GROWTH ▪ Leveraging uniqu
Slide 43: Consumer Brands with Leading Positions in Attractive Categories
CONSUMER BRANDS WITH LEADING POSITIONS IN ATTRACTIVE CATEGORIES LAUNDRY & HAIR OTHER CONSUMER HOME CARE CONSUMER & PROFESSIONAL BUSINESSES #2 IN ACTIVE MARKETS #2 IN ACTIVE MARKETS PRESENCE IN SELECTED BODY #2 IN LAUNDRY CARE #2 IN CONSUMER CARE MARKETS #1 IN HOME CARE CO-#2 IN PROFESSIONAL 43 HENKE
Slide 44: Consumer Brands Driving Profitable Growth Organically and Inorganically
CONSUMER BRANDS DRIVING PROFITABLE GROWTH ORGANICALLY AND INORGANICALLY ▪ Driving better and bigger – building on a successfully transformed business ▪ Translating global trends into consumer-centric innovations ▪ Building advantage through leadership in our core categories Key drivers for profitabl
Slide 45: Driving Better and Bigger as the Key for Profitable Growth
DRIVING BETTER AND BIGGER – AS THE KEY FOR PROFITABLE GROWTH Focused business portfolio BETTER With consumer preferred products At optimal costs Powered by customer excellence Leveraging the power of digitalization and AI 45 HENKEL FY 2025
Slide 46: Building on Successfully Transformed Business
BUILDING ON SUCCESSFULLY TRANSFORMED BUSINESS … Integration of Consumer Brands successfully concluded ahead of plan … ORGANIZATIONAL SET-UP PORTFOLIO SUPPLY CHAIN Fundamental portfolio Focus on supply chain network, Optimization of transformation with commercial integration and organizational set-up
Slide 47: Fueling Sustainable Profitable Growth on Solid and Healthy Grounds
… FUELING SUSTAINABLE PROFITABLE GROWTH ON SOLID AND HEALTHY GROUNDS Significantly IMPROVED QUALITY OF BUSINESS across multiple dimensions since merger announcement Successfully built a strong MULTI-CATEGORY PLATFORM Sales [in MEUR] Adj. Gross Margin [in %] with enhanced efficiency and competitivene
Slide 48: New Regionalized Set-up Implemented
NEW REGIONALIZED SET-UP IMPLEMENTED INCREASING CONSUMER PROXIMITY AND AGILITY FUNDAMENTAL CHANGE IN SET-UP OF MARKETING & R&D TEAMS enhancing EMPOWERING ~ 10% ~ 70% proximity to consumers, REGIONS fast execution and speed to market in regions in regions While maintaining focusing on GLOBAL ORGANIZAT
Slide 49: Translating Global Trends into Consumer-Centric Innovations
TRANSLATING GLOBAL TRENDS INTO CONSUMER-CENTRIC INNOVATIONS HEALTH & SUSTAINABILITY CONVENIENCE DIGITALIZATION PREMIUMIZATION WELLBEING Empowering consumers Promoting products that Simplifying daily tasks Enhancing the consumer Elevating consumer to make more support a healthier and with personalize
Slide 50: Building Advantage Through Leadership in Our Core Categories
BUILDING ADVANTAGE THROUGH LEADERSHIP IN OUR CORE CATEGORIES & WITH ICONIC BRANDS #2 IN #1 IN #2 IN LAUNDRY CARE HOME CARE HAIR Capitalizing on Leveraging strategic Sharpening the expertise in investments & core by driving Professional & advanced relevant, technology- Consumer while technologies dri
Slide 51: Driving Outperformance with Top 10 Brands Across Categories
DRIVING OUTPERFORMANCE WITH TOP 10 BRANDS ACROSS CATEGORIES SUPPORTING WITH INCREASED >300 BPS OUTPERFORMANCE IN FY 2025 ONGOING TOP 10 BRANDS VS. HCB TOTAL MARKETING ROLLING OUT GROWTH SPEND IMPACTFUL INVESTMENTS IDENTIFYING RELEVANT INNOVATIONS CONSUMER FOCUSED BUSINESS PORTFOLIO NEEDS allowing us
Slide 52: Valorizing the Portfolio with Impactful Innovations
VALORIZING THE PORTFOLIO WITH IMPACTFUL INNOVATIONS Driving breakthrough innovations catering to unmet consumer needs KEY LEVERS Creating new value pools FOR Enhancing trade-up into premium price tiers VALORIZATION Enhancing iconic brands power & driving value in the core Advancing coloration Reposi
Slide 53: Driving Technology Leadership Through a Strong Global R&D Network
DRIVING TECHNOLOGY LEADERSHIP THROUGH A STRONG GLOBAL R&D NETWORK Expanding footprint of Houses of Hair… House of Hair Hamburg House of Hair & House of Hair J-beauty Innovation Hub Los Angeles Tokyo Customer Experience Center Customer Stamford Experience Center Dusseldorf House of Hair & Asia R&D Ce
Slide 54: Powering Growth, Speed & Impact Through Digital & AI Capabilities
POWERING GROWTH, SPEED & IMPACT THROUGH DIGITAL & AI CAPABILITIES ACCELERATING AI VIRTUAL VIRTUAL OUR FIRST PRODUCT ASSISTANT FOR ASSISTANT FOR AI-GENERATED TV DEVELOPMENT HAIRDRESSERS HAIRDRESSERS COMMERCIAL AI platforms to Creation Creation of of aa digital digital Combining human extract consumer
Slide 55: Enhancing Growth with Attractive M&A Opportunities
ENHANCING GROWTH WITH ATTRACTIVE M&A OPPORTUNITIES ADDING >€0.5BN OF PROFITABLE SALES OVER RECENT YEARS SHISEIDO PROFESSIONAL EARTHWISE VIDAL SASSOON NOT YOUR MOTHERS (ASIA PACIFIC) (AUSTRALIA & NEW ZEALAND) (CHINA) (UNITED STATES) Strengthening Hair Professional Expanding sustainable-led Strengthen
Slide 56: Driving Further Profitable Growth in Consumer Brands
DRIVING FURTHER PROFITABLE GROWTH IN CONSUMER BRANDS MID-TERM ▪ Driving better and bigger – FINANCIAL AMBITION building on a successfully transformed business ▪ Translating global trends into consumer-centric innovations 3-4 % ▪ Building advantage through leadership in our core categories ORGANIC ▪
Slide 57: Agenda
AGENDA 01 Key Developments & Highlights FY 2025 02 Financial Performance FY 2025 & Outlook 03 Looking Ahead: Henkel Poised for Further Growth 04 Key Take-Aways & Closing 57 HENKEL FY 2025
Slide 58: Key Take-Aways
KEY TAKE-AWAYS ▪ Robust topline performance despite muted environment with positive price and volume development in Q4 in both businesses ▪ Further increased gross and EBIT margins ▪ Integration of Consumer Brands successfully concluded – ahead of plan reaching €540m of targeted net savings ▪ Offeri
Slide 59: Questions & Answers
QUESTIONS & ANSWERS 59 HENKEL FY 2025
Slide 60: Upcoming Events
UPCOMING EVENTS 2026 MAR 11 | FY 2025 RELEASE Annual Report & Sustainability Report APR 27 | AGM Annual General Meeting MAY 7 | Q1 2026 RELEASE Quarterly Statement AUG 6 | HY 2026 RELEASE Half-Year Report 60 HENKEL FY 2025
Slide 61: Thank You
THANK YOU. 61 HENKEL FY 2025
Slide 62: Balanced and Diversified Portfolio
BALANCED AND DIVERSIFIED PORTFOLIO FY 2025 1% 38% 52% €20.5bn 47% 26% ADHESIVE CONSUMER SALES TECHNOLOGIES BRANDS 29% 34% 7% 17% 1% 10% Corporate €10.7bn €9.7bn 35% SALES SALES 6% 36% 60% Europe Asia/Pacific IMEA Latin America Mobility & Electronics Laundry & Home Care North America Corporate Packag
Slide 63: Sales by Business Unit and Business Area FY 2025
SALES BY BUSINESS UNIT AND BUSINESS AREA FY 2025 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q4 2025 FY 2025 €m Sales OSG Sales OSG Sales OSG Sales OSG Sales OSG Sales OSG HENKEL GROUP 5,242 -1.0% 5,160 0.9% 10,402 -0.1% 5,147 1.4% 4,945 2.3% 20,495 0.9% ADHESIVE 2,715 1.1% 2,701 1.3% 5,416 1.2% 2,708 2.5% 2,54
Slide 64: Sales, Adj. EBIT and Adj. EBIT Margin by Business Unit FY 25
SALES, ADJ. EBIT AND ADJ. EBIT MARGIN BY BUSINESS UNIT FY 2025 Sales Adj. EBIT Adj. EBIT margin €m FY 2024 FY 2025 YoY OSG FY 2024 FY 2025 FY 2024 FY 2025 HENKEL GROUP 21,586 20,495 -5.1% 0.9 3,089 3,026 14.3% 14.8% ADHESIVE 10,970 10,667 -2.8% 1.5 1,817 1,779 16.6% 16.7% TECHNOLOGIES Mobility & 3,8
Slide 65: Outlook 2026: Additional Input for Selected KPIs
OUTLOOK 2026 ADDITIONAL INPUT FOR SELECTED KPIS CURRENCY IMPACT ON SALES Low single-digit % negative1 M&A IMPACT ON SALES Neutral to slightly negative2 PRICES FOR DIRECT MATERIALS Low single-digit % increase1 RESTRUCTURING CHARGES € 150 – 200m CAPEX € 650 – 750m 65 HENKEL FY 2025 1 Versus the prior
Slide 66: Find Out More on henkel.com/ir
FIND OUT MORE ON HENKEL.COM/IR