Weak performance in Western Europe and China blamed for the 2.2% sales drop
Henkel’s Beauty Care business has suffered a drop in sales due to the weak performance of its retail brands in China and Western Europe.
The German personal care giant saw sales in its business unit, which includes the brands Schwarzkopf, Syoss and Right Guard, fall 2.2% to €960m from €965m in the previous-year quarter.
Adjusted operating profit of €144m and adjusted return on sales of 15.0% were lower than in the same quarter of the previous year, said the firm.. . .
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