Veet: silky smooth skin with ease

Szerző: tradeeditor | Dátum: 2012. 05. 10. 10:55
Veet: silky smooth skin with ease

The hair removal expert, Veet ® came up with an innovative home waxing kit. Veet® EasyWax™ can be used easily. The novelty of professional hair removal thanks to its components removes hair by the roots even during the fisrt usage and it is effective even on 2 mm of hair...

Helly Hansen official supplier of 470 World Championships in Barcelona

Szerző: trademagazin | Dátum: 2012. 05. 10. 9:05
Helly Hansen official supplier of 470 World Championships in Barcelona

Helly Hansen has initiated in Spain collaboration with the Federacio Catalana de Vela. As a first result, Helly Hansen will be the Official Partner of the 470 Class World Championships – ISAF 2012 to be held 12-19th May at The Marina Forum Barcelona. In May, Barcelona itself is going to...

The first development of the Gyermelyi Logistics Ltd. is ready

Szerző: tradeeditor | Dátum: 2012. 05. 09. 12:15
The first development of the Gyermelyi Logistics Ltd. is ready

The Gyermelyi Logistics Ltd. realized its first development  with a 780 million HUF investment, of which 250 million was the EU funding – the company told MTI. MTI Photo: Kovács Attila The Gyermelyi Logistics Ltd. is wholly owned by the Gyermelyi Élelmiszeripari Kft.. The subsidiary was founded in 2010. The...

Sales rise 4.8 percent to 4,008 million euros (organic: +4.7%) Adjusted* operating profit: up 16.6 percent to 551 million euros Adjusted* EBIT margin: up 1.3 percentage points to 13.7% Adjusted* earnings per preferred share (EPS): up 19.2% to 0.87 euros Emerging markets again show above-average growth (+8.7%) Improved gross margin despite raw material price increases “Henkel had a good start to the fiscal year in spite of a challenging and volatile market environment. We achieved solid organic growth and substantially improved our profitability,” said Henkel CEO Kasper Rorsted. “All of our business sectors contributed to this achievement. Once again our emerging markets registered a strong development. Thus, we are confident of achieving our targets for 2012.” For the fiscal year 2012, Rorsted stated: “We expect that volatility and uncertainty will continue to influence our markets. Therefore, we will continue to adapt our structures and processes so that we can respond more quickly and flexibly than our competitors.” 2012 guidance confirmed Henkel confirmed its guidance for fiscal 2012. “We continue to expect organic sales growth to be between 3 and 5 percent. For our adjusted EBIT margin we anticipate an increase to 14 percent and for adjusted earnings per preferred share we expect an improvement of at least 10 percent.” Henkel’s sales in the first quarter of 2012 were at 4,008 million euros, an increase of 4.8 percent compared to the figure for the prior-year quarter. Organic sales, which exclude the impact of foreign exchange and acquisitions/divestments, again rose by 4.7 percent, a solid increase compared to the prior-year quarter. All three business sectors contributed to this development: The Laundry & Home Care business sector reported a solid organic growth rate of 4.5 percent, with Cosmetics/Toiletries also posting solid organic growth of 4.0 percent. The Adhesive Technologies business sector generated strong organic sales growth of 5.6 percent. This solid performance was supported in all three business sectors by price increases Henkel was able to implement thanks to its innovations and strong brands. After allowing for one-time gains, one-time charges and restructuring charges, adjusted operating profit improved by 16.6 percent, from 473 million euros to 551 million euros, with all three business sectors contributing. Reported operating profit (EBIT) increased by 25.2 percent, from 430 million euros to 538 million euros. Despite rising prices for raw materials and packaging, adjusted return on sales (EBIT margin) rose significantly by 1.3 percentage points, from 12.4 percent to 13.7 percent. Reported return on sales was 13.4 percent, following 11.2 percent in the comparative prior-year period. Financial result improved slightly to –36 million euros compared to the prior-year quarter (first quarter 2011: –37 million euros). At 24.7 percent, the tax rate was 1.5 percentage points below the figure for the prior-year period (26.2 percent). Net income for the quarter improved by 30.3 percent, from 290 million euros to 378 million euros. After deducting 9 million euros attributable to non-controlling interests, quarterly net income amounted to 369 million euros (prior-year quarter: 285 million euros). Adjusted net income for the quarter after deducting non-controlling interests was 377 million euros compared to 314 million euros in the prior-year quarter. Earnings per preferred share (EPS) rose from 0.66 euros to 0.86 euros. The adjusted figure was 0.87 euros compared to 0.73 euros in the first quarter of 2011. The ratio of net working capital to sales was 8.0 percent, remaining at the level of the prior-year quarter. Net debt was further reduced to 1,159 million euros (March 31, 2011: 1,874 million euros). Sales and profits forecast 2012 Henkel continues to expect organic sales growth of between 3 and 5 percent for fiscal 2012. Henkel is confident of continuing the positive growth trend posted by its consumer goods businesses, with sales expanding in the low single-digit percentage range. For the Adhesive Technologies business sector, Henkel expects sales to grow in the mid single-digit percentage range. Henkel confirms its forecast for an adjusted return on sales (EBIT) of 14 percent (2011: 13.0 percent) and for an increase in adjusted earnings per preferred share of at least 10 percent (2011: 3.14 euros). This guidance is based on anticipated increases in Henkel’s selling prices and the ongoing adaptation of its structures to the constantly changing market conditions. Through these activities and the maintenance of its strict cost discipline, Henkel intends to more than offset the effects of increased raw material costs on its earnings. * Adjusted for one-time charges/gains and restructuring charges This document contains forward-looking statements which are based on the current estimates and assumptions made by the corporate management of Henkel AG & Co. KGaA. Forward-looking statements are characterized by the use of words such as expect, intend, plan, predict, assume, believe, estimate, anticipate, forecast and similar formulations. Such statements are not to be understood as in any way guaranteeing that those expectations will turn out to be accurate. Future performance and the results actually achieved by Henkel AG & Co. KGaA and its affiliated companies depend on a number of risks and uncertainties and may therefore differ materially from the forward-looking statements. Many of these factors are outside Henkel’s control and cannot be accurately estimated in advance, such as the future economic environment and the actions of competitors and others involved in the marketplace. Henkel neither plans nor undertakes to update forward-looking statements.

Szerző: trademagazin | Dátum: 2012. 05. 09. 12:00
Sales rise 4.8 percent to 4,008 million euros (organic: +4.7%) Adjusted* operating profit: up 16.6 percent to 551 million euros Adjusted* EBIT margin: up 1.3 percentage points to 13.7% Adjusted* earnings per preferred share (EPS): up 19.2% to 0.87 euros Emerging markets again show above-average growth (+8.7%) Improved gross margin despite raw material price increases “Henkel had a good start to the fiscal year in spite of a challenging and volatile market environment. We achieved solid organic growth and substantially improved our profitability,” said Henkel CEO Kasper Rorsted. “All of our business sectors contributed to this achievement. Once again our emerging markets registered a strong development. Thus, we are confident of achieving our targets for 2012.” For the fiscal year 2012, Rorsted stated: “We expect that volatility and uncertainty will continue to influence our markets. Therefore, we will continue to adapt our structures and processes so that we can respond more quickly and flexibly than our competitors.” 2012 guidance confirmed Henkel confirmed its guidance for fiscal 2012. “We continue to expect organic sales growth to be between 3 and 5 percent. For our adjusted EBIT margin we anticipate an increase to 14 percent and for adjusted earnings per preferred share we expect an improvement of at least 10 percent.” Henkel’s sales in the first quarter of 2012 were at 4,008 million euros, an increase of 4.8 percent compared to the figure for the prior-year quarter. Organic sales, which exclude the impact of foreign exchange and acquisitions/divestments, again rose by 4.7 percent, a solid increase compared to the prior-year quarter. All three business sectors contributed to this development: The Laundry & Home Care business sector reported a solid organic growth rate of 4.5 percent, with Cosmetics/Toiletries also posting solid organic growth of 4.0 percent. The Adhesive Technologies business sector generated strong organic sales growth of 5.6 percent. This solid performance was supported in all three business sectors by price increases Henkel was able to implement thanks to its innovations and strong brands. After allowing for one-time gains, one-time charges and restructuring charges, adjusted operating profit improved by 16.6 percent, from 473 million euros to 551 million euros, with all three business sectors contributing. Reported operating profit (EBIT) increased by 25.2 percent, from 430 million euros to 538 million euros. Despite rising prices for raw materials and packaging, adjusted return on sales (EBIT margin) rose significantly by 1.3 percentage points, from 12.4 percent to 13.7 percent. Reported return on sales was 13.4 percent, following 11.2 percent in the comparative prior-year period. Financial result improved slightly to –36 million euros compared to the prior-year quarter (first quarter 2011: –37 million euros). At 24.7 percent, the tax rate was 1.5 percentage points below the figure for the prior-year period (26.2 percent). Net income for the quarter improved by 30.3 percent, from 290 million euros to 378 million euros. After deducting 9 million euros attributable to non-controlling interests, quarterly net income amounted to 369 million euros (prior-year quarter: 285 million euros). Adjusted net income for the quarter after deducting non-controlling interests was 377 million euros compared to 314 million euros in the prior-year quarter. Earnings per preferred share (EPS) rose from 0.66 euros to 0.86 euros. The adjusted figure was 0.87 euros compared to 0.73 euros in the first quarter of 2011. The ratio of net working capital to sales was 8.0 percent, remaining at the level of the prior-year quarter. Net debt was further reduced to 1,159 million euros (March 31, 2011: 1,874 million euros). Sales and profits forecast 2012 Henkel continues to expect organic sales growth of between 3 and 5 percent for fiscal 2012. Henkel is confident of continuing the positive growth trend posted by its consumer goods businesses, with sales expanding in the low single-digit percentage range. For the Adhesive Technologies business sector, Henkel expects sales to grow in the mid single-digit percentage range. Henkel confirms its forecast for an adjusted return on sales (EBIT) of 14 percent (2011: 13.0 percent) and for an increase in adjusted earnings per preferred share of at least 10 percent (2011: 3.14 euros). This guidance is based on anticipated increases in Henkel’s selling prices and the ongoing adaptation of its structures to the constantly changing market conditions. Through these activities and the maintenance of its strict cost discipline, Henkel intends to more than offset the effects of increased raw material costs on its earnings. * Adjusted for one-time charges/gains and restructuring charges This document contains forward-looking statements which are based on the current estimates and assumptions made by the corporate management of Henkel AG & Co. KGaA. Forward-looking statements are characterized by the use of words such as expect, intend, plan, predict, assume, believe, estimate, anticipate, forecast and similar formulations. Such statements are not to be understood as in any way guaranteeing that those expectations will turn out to be accurate. Future performance and the results actually achieved by Henkel AG & Co. KGaA and its affiliated companies depend on a number of risks and uncertainties and may therefore differ materially from the forward-looking statements. Many of these factors are outside Henkel’s control and cannot be accurately estimated in advance, such as the future economic environment and the actions of competitors and others involved in the marketplace. Henkel neither plans nor undertakes to update forward-looking statements.

“Henkel had a good start to the fiscal year in spite of a challenging and volatile market environment. We achieved solid organic growth and substantially improved our profitability,” said Henkel CEO Kasper Rorsted. “All of our business sectors contributed to this achievement. Once again our emerging markets registered a strong...

Egervin found a new owner

Szerző: tradeeditor | Dátum: 2012. 05. 09. 11:55
Egervin found a new owner

After ten unsuccessful applications the Integrált Borgazdasági Zrt. (former Egervin), the former flagship winery in Eger found a new owner – told the company’s commissioner liquidator Szűcs Zoltán, on Wednesday to MTI. The company’s assets were acquired through a subsidiary of one of the company’s former creditors, the Raiffeisen Bank...

MasterCard launches an open payment service

Szerző: tradeeditor | Dátum: 2012. 05. 09. 11:55
MasterCard launches an open payment service

On Tuesday, Mastercard announced PayPass Wallet Services a new global offering for banks, merchants and partners that will make it faster and easier for their customers to make purchases in stores or online by allowing them to securely pay with a simple click of the mouse, touch of the tablet screen...

Szöllősi Winery’s bottling plant was inaugurated

Szerző: tradeeditor | Dátum: 2012. 05. 09. 11:23
Szöllősi Winery’s bottling plant was inaugurated

The Szöllősi Winery inaugurated its bottling plant and storage cellar on Wednesday, in Neszmély, Komárom-Esztergom county from 120 million HUF. The New Hungary Rural Development Program gave 51 million HUF support. Szöllősi Mihály, leader of the family winery told MTI that a new hall was built, where the bottling and...

Pepsi’s recipe may be disclosed by the inventor’s heirs

Szerző: tradeeditor | Dátum: 2012. 05. 09. 11:00
Pepsi’s recipe may be disclosed by the inventor’s heirs

The heirs of the man who helped develop the formula for Pepsi are suing the soda company over their right to share with the public documents detailing their father’s invention. The heirs of the man who helped develop the formula for Pepsi are suing the soda company over their right...

New Research Director at GfK

Szerző: tradeeditor | Dátum: 2012. 05. 08. 12:09
New Research Director at GfK

A new research director arrived to GfK in early April. The new leader has a nearly 10 years of practical experience on the field of market research. Rádi Zsuzsanna joined to the team of GfK on the 2nd of  April 2012 and will be responsible for the strategic and operational...

Medve Mesterfogás – A brand new product category from Pannontej

Szerző: tradeeditor | Dátum: 2012. 05. 08. 12:08
Medve Mesterfogás – A brand new product category from Pannontej

Pannontej Zrt. is the popular leading manufacturer of cheese brands such as Medve, Pannónia, Tihany and Karaván cheese. The company’s long-term success is the high-quality traditional market leader cheeses and continuous product innovation. Pannontej’s product development has created a brand new universal product category. The new Medve Mesterfogás is a...

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