Henkel stock: Q3 growth supports higher 2026 sales outlook

Henkel stock traded at 87.28 euros on Lang & Schwarz at 17:12:57 CET on Friday, November 13, 2026, 1.11 percent above the Xetra close of Thursday, November 12. That is 1.02 percent above the 86.40-euro quote in the previous report published earlier on Friday.

Henkel's business update dated Tuesday, November 10, showed strong third-quarter growth and a higher full-year sales outlook. In its Q3 2026 release, Henkel said group sales rose 11.0 percent to 5.713 billion euros, with organic growth of 6.5 percent.

Growth across both divisions

Adhesive Technologies generated organic sales growth of 7.9 percent, while Consumer Brands grew organically by 4.8 percent. Henkel said positive price and volume developments supported both businesses, and that all regions contributed to third-quarter organic growth.

The company also said all five acquisitions announced during 2026 had been completed. Management expects the acquired businesses to support expansion in Adhesive Technologies and the Hair business within Consumer Brands.

Higher sales outlook, tighter earnings view

Henkel now expects organic group sales growth of 3.0 to 4.0 percent in fiscal 2026, compared with 1.5 to 3.5 percent previously. The outlook for Adhesive Technologies moved to 4.5 to 5.5 percent, while Consumer Brands is expected to grow organically by 1.5 to 2.5 percent.

The stronger sales view comes with a narrower earnings outlook. Henkel expects adjusted return on sales of around 15 percent and a mid-single-digit percentage increase in adjusted earnings per preferred share at constant exchange rates. Direct-material prices are expected to rise by around 10 percent against the prior-year average, while restructuring expenses are forecast at 200 million to 250 million euros.

German equities remain in focus in the Current market reports.

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