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Henkel raised its 2026 organic sales growth forecast after third-quarter sales increased 6.5% organically and 11% nominally to €5.7 billion year over year. The company now expects group organic growth of 3% to 4%; its revised consumer brands outlook is 1.5% to 2.5%.
Henkel raised its 2026 organic sales growth outlook after reporting third-quarter sales of €5.7 billion, up 6.5% organically and 11% on a nominal basis from the same period a year earlier. The German consumer goods group now forecasts 3% to 4% organic growth for the full year, compared with its previous range of 1.5% to 3.5%.
Henkel said all regions and both business areas contributed to third-quarter growth, with the adhesive division leading. Organic sales in its consumer brands business rose 4.8%, supported by hair care and laundry and home care. The company’s consumer portfolio includes hair care brands Schwarzkopf and got2b.
In its statement announcing preliminary quarterly results, Henkel described consumer brands’ price development as “clearly positive,” at 3.2%, and said volume grew 1.6%. The figures indicate growth from both pricing and sales volumes in that division, although the supplied report does not provide a more detailed breakdown by product or region.
Henkel also raised its consumer brands organic sales forecast for 2026 to 1.5% to 2.5%, from the previous range of 0.5% to 2.5%. Acquisitions, including hair care brands Olaplex and Not Your Mother’s, are expected by the company to have a positive impact in the low-single-digit range. Henkel did not specify in the source material the precise calculation or period for that acquisition contribution.
Higher Guidance Across Henkel
The revised forecast indicates that Henkel expects its third-quarter performance to support higher full-year organic growth. The change is relevant to investors, retailers and suppliers because it raises the company’s expected full-year organic growth range, rather than reflecting only a one-quarter sales increase.
Consumer brands grew organically by 4.8% in the quarter, while the adhesives division led overall growth. Henkel also said acquisitions are expected to contribute positively to the outlook, alongside the reported price and volume gains. The available figures do not specify how much of the full-year forecast will come from each driver.
Organic growth excludes the effects of acquisitions, divestments and currency movements, while nominal sales growth includes those effects. Henkel’s reported 11% nominal increase was higher than its 6.5% organic growth; the measures describe different aspects of performance.
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How the Forecast Changed
Before the update, Henkel expected full-year 2026 organic sales growth of 1.5% to 3.5% across the group. The new range, 3% to 4%, raises the lower end by 1.5 percentage points and the upper end by 0.5 percentage points. For consumer brands, the previous forecast was 0.5% to 2.5%; the new 1.5% to 2.5% range lifts the lower end while leaving the upper end unchanged.
The update follows a quarter in which Henkel reported growth across its regions and both of its business areas. The supplied report describes adhesives as the leading division and identifies hair care, laundry and home care as contributors within consumer brands. It does not include comparative results for individual regions or specific brands, so the strength of performance cannot be ranked more precisely from the available figures.
Henkel has also been expanding its hair care portfolio through acquisitions, with Olaplex and Not Your Mother’s named in the source report. The company says acquisitions are expected to make a positive contribution to 2026 sales. That contribution is separate from organic growth, which excludes acquisition effects.
“Our strong business performance in the third quarter once again underscores the consistent execution of our strategy for purposeful growth.”
— Carsten Knobel, Henkel chief executive
Details Behind the Forecast
The source report does not provide Henkel’s full quarterly financial statement or a detailed bridge explaining the revised forecast. It is not clear how much of the guidance increase reflects third-quarter performance, expectations for the remaining months, or other assumptions. The company’s precise assumptions for currency movements, input costs and market demand are also not included.
The acquisition contribution is described only as being in the low-single-digit range; the supplied material does not clarify the exact measure, calculation basis or timing. Nor does it provide individual sales figures for Olaplex or Not Your Mother’s. The reported growth rates are Henkel’s figures, and no independent verification or additional methodology is supplied in the source.
Although Henkel said all regions contributed, the report does not state how each performed. It also does not indicate whether the price and volume trends in consumer brands continued after the third quarter. Those details will affect how readers interpret the durability and composition of growth.
Full-Year Results Will Test Guidance
Henkel’s next key update will be its subsequent financial reporting, which can show whether the group’s performance continues to support the 3% to 4% full-year organic growth forecast. Readers will also be able to compare later consumer brands results with the revised 1.5% to 2.5% range.
Further company disclosures may clarify the contribution from acquisitions and the performance of individual businesses and regions. Until then, the confirmed development is the higher outlook following the third quarter; the contribution of pricing, volumes and acquisitions to full-year sales remains unspecified.
Key Questions
What is Henkel’s new 2026 sales outlook?
Henkel now expects organic sales growth of 3% to 4% across the group in 2026, up from its previous forecast of 1.5% to 3.5%.
How much did Henkel’s sales grow in the third quarter?
Henkel reported third-quarter sales of €5.7 billion, an 11% nominal increase and 6.5% organic growth compared with the same period a year earlier.
What is the revised outlook for Henkel’s consumer brands business?
Henkel raised its consumer brands organic growth forecast to 1.5% to 2.5%, from a previous range of 0.5% to 2.5%.
Which parts of Henkel’s business contributed to growth?
Henkel said all regions and both business areas contributed, with adhesives leading. Consumer brands grew 4.8% organically, supported by hair care, laundry and home care.
What remains unclear about the revised forecast?
The source report does not break down the forecast change by region, product or individual growth driver. Henkel’s expected acquisition contribution is described only as being in the low-single-digit range, without a more detailed calculation in the supplied material.
Source: cosmeticsbusiness.com
