Clariant posts strong sales and EBITDA growth in 1Q 2017. Issue 6 (June 2017)

• Record Type: Journal Article
• Is Part Of: Additives for polymers. Issue 6(2017)
• Page Start: 9
• Page End: 10
• Publication Date: 2017-06
• Subjects: Polymers -- Additives -- Periodicals; 620.192
• DOI: 10.1016/S0306-3747(17)30092-1
• Languages: English
• ISSNs: 0306-3747

Abstract

Abstract : For the first quarter of 2017, Clariant achieved sales of CHF1.602 billion (€1.471 billion), an increase of 9% in local currency terms and 8% in Swiss francs compared to sales of CHF1.478 billion in 1Q 2016. The sales growth was driven by higher volumes across all business areas, with acquisitions contributing 3%, the company reports. EBITDA before exceptional items rose by 10% in local currencies to CHF250 million.