- Group sales: around 5.4 billion euros, organic sales growth of +2.8 percent
- Organic sales increase driven by both business units:
- Adhesive Technologies: positive organic sales growth of +0.8 percent
- Consumer Brands: very strong organic sales growth of +6.2 percent
- Adhesive Technologies underpins more pronounced focus on growth through M&A with the acquisition of Critica Infrastructure
- Consumer Brands: integration significantly ahead of plan – more than 80 percent of savings expected by the end of 2023
- Outlook for fiscal 2023 raised:
- Organic sales growth: 3.5 to 4.5 percent (previously: 2.5 to 4.5 percent)
- Adjusted return on sales (EBIT margin): 11.5 to 12.5 percent (previously: 11.0 to 12.5 percent)
- Adjusted earnings per preferred share (EPS): increase in the range of +15 to +25 percent at constant exchange rates (previously: +5 to +20 percent)
PERS & MEDIA
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