Henkel seeking acquisitions: CEO

FRANKFURT — Henkel is standing by its 2018 forecasts and pursuing mergers and acquisitions, Reuters reports. CEO Hans Van Bylen told the Rheinische Post that the company had emerged from distribution problems in the U.S. with its customer relationships in good shape. “We are sticking to our revenue and profit projections,” he said. The company is projecting organic sales growth of 2% to 4% and a 5% to 8% rise in adjusted EPS. Henkel has invested €6.3 billion in acquisitions over the past two years and is on the lookout for more opportunities.