Henkel Hungary sales up by 5.5% in 2009

2010-03-09

Henkel Hungary recorded sales revenues of HUF 83.9bn (€315.7m) in 2009, up 5.5% in comparison with 2008 figures. Domestic sales increased by HUF 27bn (€101.3m) year on year, reaching HUF 44.3bn (€166.3m). Export sales amounted to HUF 39.6bn (€148.6m), which represents a year-on-year increase of 11.5%.
The increase in sales is attributable to the strong performance of the personal care products category, in particular beauty and oral care products. In addition, the home care unit, which produces household chemicals, such as laundry detergents and dishwashing liquids, has strengthened its position.
In contrast, Henkel’s adhesives, sealants and surface treatment division was negatively affected by a decline in orders from the construction sector. Nevertheless, sales of certain products, particularly those used in metalworking and packaging, were strong.
In 2009 Henkel Hungary invested HUF 600bn (€2.2bn) in the technological upgrade of its plant in Korosladany (South Eastern Hungary), where it produces dishwashing liquid and laundry detergents.
The company, which employs a total of 595 workers in Hungary, has another plant at Vac (Pest County), where it produces adhesives and sealants.