Henkel Annual Report 2011 - Henkel AG & Co. KGaA Annual Report ...
Henkel Annual Report 2011 - Henkel AG & Co. KGaA Annual Report ...
Henkel Annual Report 2011 - Henkel AG & Co. KGaA Annual Report ...
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6<br />
<strong>Report</strong> of the Supervisory Board<br />
Dr. Simone Bagel-Trah<br />
Chairwoman of the Shareholders’ <strong>Co</strong>mmittee and the Supervisory Board,<br />
pictured here in <strong>Henkel</strong>’s “Forscherwelt”, a research center created especially for children.<br />
<strong>2011</strong> was again a successful year for <strong>Henkel</strong>. We<br />
were able to significantly increase both sales and<br />
profits in all our business units while further<br />
strengthening our position in many markets.<br />
This was an excellent achievement, particularly<br />
in view of the difficult business environment.<br />
The natural disasters in Japan and Thailand, and<br />
political unrest in the Middle East and North<br />
Africa coincided with major challenges and<br />
uncertainties in our markets arising from the<br />
debt crisis. We also had to deal with significantly<br />
<strong>Henkel</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong><br />
rising raw material prices and persistently intense<br />
competition. Despite these challenges, our company<br />
performed very well in fiscal <strong>2011</strong>.<br />
On behalf of the Supervisory Board, I thank all<br />
employees for their hard work and commitment.<br />
Without their contribution this outcome would<br />
not have been possible. I would also like to thank<br />
the members of the Management Board for their<br />
successful and effective leadership of the company<br />
through this difficult period, and the employee