Kasper Rorsted, chief executive officer of Henkel AG, reacts as the company announce their full-year results in Dusseldorf, Germany, on Thursday, Feb. 20, 2014. Henkel, the German maker of Schwarzkopf hair spray and Fa deodorant, dropped the most in 15 months after giving a forecast for 2014 that disappointed some analysts. Photographer: Krisztian Bocsi/Bloomberg via Getty Images