Henkel (HEN) Status Update summary

Business Overview and Market Position

• Adhesive Technologies achieved €11 billion in sales in 2024, with a record EBIT of over €1.8 billion and a margin of 16.6%.

• The business is organized into three divisions: mobility and electronics (36% of revenue), packaging consumer goods (30%), and crafts, construction, and professional (34%).

• Holds a 14% market share in an €80 billion total accessible market, double the size of the nearest competitor.

• Serves over 100,000 customers across 800 industry segments globally.

• Key brands include Loctite, Technomelt, Bonderite, and Pritt.

Market Leadership and Business Portfolio

• Holds #1 global position in adhesives for mobility, electronics, and packaging; #3 in craftsmen and construction.

• Maintains a capital-light, know-how-driven business model, enabling flexibility and rapid response to customer needs.

Innovation, Technology, and Sustainability

• Operates 12 technology platforms and is chemistry-agnostic, offering tailored solutions regardless of adhesive type.

• Invests over €300 million annually in R&D, with 3,000+ experts and global inspiration centers for co-creation.

• About 25% of revenue comes from products introduced in the last five years.

• Focuses on digitalization, sustainability, and customer-centric solutions.