FRANKFURT (Reuters) - The chief executive of German consumer goods group Henkel (DE:HNKG_p) said there was no sign of improving demand in mature markets in Europe.
"We are not seeing a pickup in Western Europe," Kasper Rorsted said in a conference call with analysts on Thursday after the group reported first quarter results.
The group still expects the Russia-Ukraine crisis to knock 100 million euros (75 million pounds) off its earnings, the CEO said.