Home News Henkel intends to further reduce debt through improved credit rating

Henkel intends to further reduce debt through improved credit rating

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FRANKFURT (Dow Jones) – The consumer goods and Adhesive manufacturer Henkel to 2010, its net debt further EUR 300 million and reducing the cash flow from operations in the Year on year increase.

The aim of the DAX-group, it was, in this Achieving year on the credit standing of another "A" rating, "said  Chief Financial Officer Lothar Steinebach in an interview with the "Börsen-Zeitung (BOEZ – Saturday edition). Larger disposals to reduce debt graduated from Steinebach.

Henkel had already in 2009 the debt by 1 billion to reduced now £ 2.8 billion, the newspaper said. A specific target for debt  2010 had not been mentioned yet

Website: www.boersen-zeitung.de

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