Henkel Detailed Consensus >> Group
Last Update: 2020-01-15

KPI[EUR m]FY 2018FY 2019 EFY 2020 EFY 2021 E
SalesNumber of estimates191919
SalesHighest20,23820,80821,237
SalesConsensus (Mean)19,89920,11320,47020,990
SalesMedian20,10520,44920,948
SalesLowest19,92020,31420,782
Organic sales growth (%)Number of estimates191919
Organic sales growth (%)Highest0.11.83.2
Organic sales growth (%)Consensus (Mean)2.40.00.92.5
Organic sales growth (%)Median0.00.82.6
Organic sales growth (%)Lowest-0.2-0.01.4
Reported EBITNumber of estimates161616
Reported EBITHighest3,0072,9923,192
Reported EBITConsensus (Mean)3,1162,9692,8543,008
Reported EBITMedian2,9772,8443,003
Reported EBITLowest2,8692,7332,886
Adjusted* EBITNumber of estimates191919
Adjusted* EBITHighest3,2843,2003,342
Adjusted* EBITConsensus (Mean)3,4963,2583,0803,211
Adjusted* EBITMedian3,2573,0753,215
Adjusted* EBITLowest3,2352,9723,068
Adjusted* EBIT margin (%)Number of estimates202020
Adjusted* EBIT margin (%)Highest16.415.615.9
Adjusted* EBIT margin (%)Consensus (Mean)17.616.215.115.3
Adjusted* EBIT margin (%)Median16.215.015.3
Adjusted* EBIT margin (%)Lowest16.114.614.8
Net earnings after minoritiesNumber of estimates171717
Net earnings after minoritiesHighest2,1722,1992,328
Net earnings after minoritiesConsensus (Mean)2,3112,1482,0692,195
Net earnings after minoritiesMedian2,1512,0552,181
Net earnings after minoritiesLowest2,0631,9822,077
Adjusted* net earnings after minoritiesNumber of estimates191919
Adjusted* net earnings after minoritiesHighest2,3822,3332,471
Adjusted* net earnings after minoritiesConsensus (Mean)2,6042,3672,2432,353
Adjusted* net earnings after minoritiesMedian2,3652,2402,350
Adjusted* net earnings after minoritiesLowest2,3502,1792,226
Reported EPS per preferred share (EUR)Number of estimates171717
Reported EPS per preferred share (EUR)Highest5.015.085.36
Reported EPS per preferred share (EUR)Consensus (Mean)5.334.954.765.06
Reported EPS per preferred share (EUR)Median4.964.755.05
Reported EPS per preferred share (EUR)Lowest4.754.564.87
Adjusted* EPS per preferred share (EUR)Number of estimates191919
Adjusted* EPS per preferred share (EUR)Highest5.505.325.69
Adjusted* EPS per preferred share (EUR)Consensus (Mean)6.015.465.165.43
Adjusted* EPS per preferred share (EUR)Median5.455.165.43
Adjusted* EPS per preferred share (EUR)Lowest5.425.035.22
Change in adjusted* earnings per preferred share vs. prior year (%)Number of estimates191919
Change in adjusted* earnings per preferred share vs. prior year (%)Highest-8.5-2.49.2
Change in adjusted* earnings per preferred share vs. prior year (%)Consensus (Mean)2.7-9.2-5.45.2
Change in adjusted* earnings per preferred share vs. prior year (%)Median-9.2-5.44.9
Change in adjusted* earnings per preferred share vs. prior year (%)Lowest-9.8-8.32.6
Dividend per preferred share (EUR)Number of estimates181818
Dividend per preferred share (EUR)Highest2.042.172.38
Dividend per preferred share (EUR)Consensus (Mean)1.851.901.932.03
Dividend per preferred share (EUR)Median1.901.902.00
Dividend per preferred share (EUR)Lowest1.801.691.77

* Adjusted for one-time charges/gains and restructuring charges

The earnings estimates of the following institutions were included in the above figures
Bank of America Merrill Lynch, Bankhaus Metzler, Barclays, Berenberg, Citigroup, Commerzbank, Credit Suisse, Deutsche Bank, DZ Bank, Exane BNP Paribas, Goldman Sachs, HSBC, J.P. Morgan Cazenove, Jefferies, LBBW, Morgan Stanley, Redburn, Société Générale, UBS, Warburg Research.
Disclaimer

This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.