Henkel rises on FY sales guidance hike, H1 beat
BUZZ-Henkel rises on FY sales guidance hike, H1 beat ** Shares in Henkel HNKG.DE edge up 1.9% in early Frankfurt trade after the German consumer goods and adhesives maker raised its FY sales outlook following strong H1 organic growth
** It raised its annual organic sales growth outlook range to between 1.5% and 3.5% after reporting an organic 3.2% rise in its H1 sales, beating analysts' average estimate of 2.5% growth
** "The better top-line delivery could support some initial outperformance of the stock first thing this morning," Metzler says
** The stock is among top performers on German blue-chip index .DAX in early Frankfurt trade
(Reporting by Bartosz Dabrowski in Gdansk)
((bartosz.dabrowski@thomsonreuters.com; +48 58 7696560;))
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