德国汉高周四小幅上调了2026年销售预期，此前强于预期的定价帮助其第三季度有机销售额超出预期，尽管原材料成本压力不断加大。
Germany's Henkel slightly upgraded its 2026 sales outlook on Thursday after stronger-than-expected pricing helped organic sales beat forecasts in the third quarter, despite mounting raw-material cost pressures.
由于汉高在消费品和粘合剂两大业务上均实现更强增长，投资者正寻找迹象，以判断利润率更高的粘合剂技术部门能否继续支撑盈利增长。
With Henkel seeing stronger growth across both its consumer and adhesives businesses, investors are looking for signs that momentum in the higher-margin Adhesive Technologies division can continue to support profitable growth.
这家消费品和粘合剂制造商目前预计2026年有机销售额将增长3%至4%，高于此前1.5%至3.5%的预期。
The consumer goods and adhesives maker now expects 2026 organic sales to grow by 3% to 4%, up from previous expectations of between 1.5% to 3.5%.
该公司目前预计直接材料价格将较上年平均水平上涨约10%，高于此前高个位数涨幅的预测。
The company now expects direct-material prices to rise around 10% from the previous year's average, up from its earlier forecast for a high-single-digit increase.
该公司预计重组费用为2亿至2.5亿欧元，此前预期为1.5亿至2亿欧元。
It sees restructuring expenses at 200 million to 250 million euros, versus 150 million to 200 million euros previously.
第三季度，这家Persil制造商的有机销售额增长6.5%，高于Vara共识预期的4.1%增幅。
In the third quarter, the Persil-maker's organic sales grew 6.5%, ahead of a Vara consensus that expected a 4.1% increase.
汉高粘合剂技术部门公布第三季度有机销售额增长7.9%，主要受强劲定价推动。其消费品牌部门有机增长4.8%，得益于定价和销量增长。
Henkel's Adhesive Technologies unit reported third-quarter organic sales growth of 7.9%, driven primarily by strong pricing. Its Consumer Brands unit grew 4.8% organically, helped by pricing and volume growth.
格林尼治时间0917，该公司股价上涨1.3%。伯恩斯坦分析师指出，本季度大部分增长来自定价，集团层面定价涨幅为5.4%，高于共识预期的2.6%。
Shares were up 1.3% at 0917 GMT, with analysts at Bernstein noting that the majority of growth in the quarter came from pricing which at 5.4% at a group level was ahead of consensus expectations of 2.6%.
伯恩斯坦补充道：“此次超预期的表现具有广泛基础，粘合剂和消费品两大业务均显著超出预期，且尽管定价大幅上调，销量仍高于共识，这些都是强烈的积极信号。”
"The broad based nature of the beat, with both Adhesives and Consumer significantly outperforming expectations, and volumes ahead of consensus despite the big step up in pricing are strongly positive signs," Bernstein added.