...Healthy Organic Revenue Growth: Henkel AG & Co. KGaA (Henkel) was able to deliver 2013 organic sales growth of 3.5%, mainly fuelled by a 2.7% increase in volumes, despite weaker growth in developing markets. Prices, however, rose only 0.8%, against the 3.1% increase seen in 2012, reflecting a fiercely competitive environment. Continuous Improvement in Profitability: From 2008 to 2013 Henkel improved its pre- exceptional EBIT margin to 15.4% from 10.3%, with all divisions contributing. Henkel's consolidated EBIT margin and its margin in home and personal care are now more aligned with major industry peers such as Unilever PLC/NV (A+/Stable) and Procter & Gamble. The company achieved these improvements thanks to a successful implementation of cost-saving measures and efficiency gains, as well as a portfolio optimisation strategy. Improving Emerging-Market Exposure: Henkel is working to further increase its already healthy exposure to fast-growing-emerging markets towards 50% (44% of 2013...
