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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

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