Henkel AG & Co. KGaA

Henkel\047s 1999 Results Break New Records
Earnings Before Interest and Taxes (EBIT) Up By 8.3 Percent
Net Earnings Improved to Euro 404 Million

Duesseldorf, Germany (ots-PRNewswire) - The provisional financial statement data indicate that in 1999 Henkel improved on its already excellent performance of the previous year with regard to sales, operating profit (EBIT), and net earnings, and was able to expand its important global position in all business segments. Group sales increased by 4.1 percent to euro 11.4 billion. Developments in Europe, where sales improved by 2.2 percent to euro 8.0 billion, were a major contributing factor. Businesses in North America increased sales by 7.8 percent to euro 1.9 billion, mainly due to favorable exchange rates. A 21.0 percent increase in sales to euro 926 million in Asia markedly reflected the region's on going economic recovery as well as positive exchange rate effects. Operating profit (EBIT) reached a new high of euro 857 million, 8.3 percent more than in 1998. Return on sales improved to 7.5 percent. Net earnings, at euro 404 million -- a rise of 8.6 percent -- achieved a new record high. Return on investment, EBIT in percent of net operating assets, increased from 12.4 percent to 13.2 percent. Henkel now reports on the following five sectors: Adhesives, Cosmetics/Toiletries, Detergents/Houshold Cleansers, Industrial and Institutional Hygiene/Surface Technologies, and Chemical Products, carved out under the name of Cognis. This segment reporting is completely in conformity with IAS. The Adhesives business sector achieved a sales increase of 5.4 percent to euro 2.5 billion. Operating profit rose by 16.5 percent to euro 237 million. Sales of the Cosmetics/Toiletries business sector grew by 6.4 percent to euro 1.8 billion, while operating profit improved by 11.4 percent to euro 123 million. The Detergents/Household Cleansers business sector increased its sales by 2.3 percent to euro 2.6 billion. Operating profit improved by 7.6 percent to euro 177 million. The new Industrial and Institutional Hygiene/Surface Technologies business sector increased its sales by 4.3 percent to euro 1.8 billion. Operating profit went up by 12.2 percent to euro 148 million. Chemical Products (Cognis) increased sales by 4.4 percent to euro 2.6 billion. Operating profit showed a 12.0 percent rise to euro 182 million. These figures include gains from the disposal of the paper auxiliaries business and carve-out costs. Henkel will present its 1999 Financial Statements at a press and analysts' conference on March 22, 2000, in Duesseldorf. Henkel is a worldwide operating specialist in adhesives, brand-name products and in systems businesses with affiliates in over 70 countries. Henkel is the number one producer of Adhesives, Surface Technologies and Industrial and Institutional Hygiene (jointly with Ecolab Inc.) on a worldwide scale. In Detergents it ranks second in Continental Europe and in Cosmetics Henkel holds the number three position in Europe. Cognis, the recently carved-out chemicals business is the world's leading producer of Oleochemicals. Henkel Group segment information by business sector Segment reporting January through December 1999 - provisional - (in EUR million) Adhesives Cosmetics/ Detergents/ Hygiene Toiletries Household Surface Cleaners Technologies Sales Jan.-Dec. 1999 2501 1814 2574 1769 Sales Jan.-Dec. 1998 2372 1705 2515 1696 Change in percent 5.4 6.4 2.3 4.3 EBIT Jan.-Dec. 1999 237 123 177 148 EBIT Jan.-Dec. 1998 204 110 165 132 Change in percent 16.5 11.4 7.6 12.2 Return on Sales Jan.-Dec. 1999 (in %) 9.5 6.8 6.9 8.4 Return on Sales Jan.-Dec. 1998 (in %) 8.6 6.5 6.6 7.8 Chemical Other Henkel Products Group (Cognis) Sales Jan.-Dec. 1999 2605 98 11361 Sales Jan.-Dec. 1998 2496 125 10909 Change in percent 4.4 4.1 EBIT Jan.-Dec. 1999 182 -10 857 EBIT Jan.-Dec. 1998 162 18 791 Change in percent 12.0 8.3 Return on Sales Jan.-Dec. 1999 (in %) 7.0 7.5 Return on Sales Jan.-Dec. 1998 (in %) 6.5 7.3 Note to editors: For further information on the Henkel Group visit our website http://www.henkel.com or e-mail us at investor.relations@henkel.de ots Original Text Service: Henkel Internet: http://www.newsaktuell.de Contact: Magdalena Moll, Investor Relations +49-211-797-1631, or fax +49-211-798-2863, or Waltraud Muller, Investor Relations +49-211-797-7278, or fax, +49-211-798-2863, both of Henkel Web site: http://www.henkel.com Original-Content von: Henkel AG & Co. KGaA, übermittelt durch news aktuell

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