UPDATE 2-Henkel sees no clear signs of economic recovery
* Henkel refrains from guidance for 2010
* Eexpects to outperform its relevant markets in 2009
* Expects Q4 deceleration at its consumer businesses
* Sees further improvement in Q4 at its adhesives business
* Shares rise 0.3 percent (Adds detail, background and share price)
FRANKFURT, Nov 11 (Reuters) - Henkel (HNKG_p.DE) shied away from giving an outlook for next year on Wednesday, saying there were no signs for an overall economic recovery yet.
"There are still no clear signs of any imminent economic upturn, but markets have stabilised at a low level," Henkel said adding it was still difficult to assess the economic situation and how it would develop.
For the full-year, the maker of Schwarzkopf hair products and Pattex glues expects to outperform its relevant markets thanks to lower raw material costs and restructuring efforts and it sees further improvement at its adhesives business in the fourth quarter.
Henkel's Adhesives Technology business, whose Loctite glue is used in construction of the A380 superjumbo plane, already showed signs of recovery in the third quarter as sales decreased less than in the previous quarters. Continued...

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