Metzler Forecasts 'Solid' Q3 Update from Henkel

MT Newswires · 1d ago
06:18 AM EDT, 10/01/2026 (MT Newswires) -- Metzler Capital Markets expects Henkel (HEN.F, HEN3.F) to post "solid" third-quarter results on Nov. 10, with group organic sales growth anticipated at 4.6%. By segment, the research firm said Wednesday it forecasts a 6.5% expansion in the chemical and consumer goods company's adhesives business, underpinned by "stable" quarterly volume trends and pricing annualization benefits, while the consumer unit is expected to rise 2.4%, driven primarily by a "richer mix" from new product launches. "Overall, our assumptions point to a solid Q3 update. However, risks to earnings growth could emerge later in the year or early 2027. These include a potential customer destocking phase following Adhesives pre-buying, alongside ongoing raw material price volatility," analysts wrote. Metzler maintained its hold rating and price target of 74 euros on the stock, while tweaking its estimates to reflect industry data, recent currency movements and conversations with the company.