Household products maker Henkel KGaA said Wednesday that its second-quarter earnings dropped by nearly 84 percent as a result of costs related to a restructuring program.
Henkel, which makes Persil detergent and owns Dial Corp., said it earned euro38 million (US$59 million) in the April-June period _ a decline of 83.8 percent from last year's figure of euro234 million.
Henkel's operating profit declined by two-thirds _ dropping to euro113 million (US$175 million) from euro339 million.
The company said it took restructuring …
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