Henkel Annual Report 2011 - Henkel AG & Co. KGaA Annual Report ...

Henkel Annual Report 2011 Foreword
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We intend to maintain and further extend this
leading position in the future, not least because
our customers in the industrial business and also
retail partners and consumers are placing increasing
emphasis on sustainable products and
processes.
Well ahead of schedule, by the end of 2010 we
achieved our sustainability targets originally
formulated for 2012. Consequently, in 2011 we
developed a new, long­term sustainability strategy
for Henkel, incorporating the insights from external,
international experts. At the heart of this
strategy lies the ambition to achieve more with
less. We aim to triple our resource efficiency by
the year 2030. As an interim objective, we want to
improve our efficiency by 30 percent by the end
of 2015. Our Annual Report details a number of
important contributions that have been made
in the implementation of this strategy. Detailed
information relating to this strategy, our specific
targets and our progress can be found in our
Sustainability Report and on the internet.
2012 outlook and long-term strategic alignment
We are very confident of meeting our targets for
fiscal 2012: We aim to achieve organic sales growth
of 3 to 5 percent. For our consumer goods businesses
we expect growth in the low single­digit
percentage range, and for our Adhesive Technologies
business, we are targeting sales growth
in the mid single­digit percentage range. Building
on our strong 2011 results, we intend to increase
adjusted return on sales (EBIT) to 14 percent for
the Henkel Group, coupled with a rise in adjusted
earnings per preferred share (EPS) of at least
10 percent.
In 2011, we were able to achieve significant
milestones in our development, making progress
in many key areas and establishing a strong platform
for the future. In the course of the year, the
Management Board analyzed major trends which
will be affecting Henkel in the future, as well as
various scenarios for the potential development
of our business environment. These analyses will
inform the strategic direction and focus of our
company in the future, as will be communicated
at the end of this year.
In addition to our appreciation of our employees,
I would like on behalf of the entire Management
Board to extend our special thanks to our supervisory
bodies. And in the name of the entire
company I thank you, our shareholders, for your
continued trust and support. We also thank our
customers throughout the world for the confidence
they have shown in Henkel, in our brands and
in our technologies.
Düsseldorf, January 27, 2012
Sincerely,
Kasper Rorsted
Chairman of the Management Board