CLARIANT DELIVERS FURTHER PROGRESSION IN SALES AND EBITDA IN THE FIRST NINE MONTHS OF 2018 Mittwoch, 31. Oktober 2018 - 07:00
- Sales grew by 6 % in local currency and Swiss francs to CHF 4.994 billion
- EBITDA before exceptional items increased significantly by 7 %
- EBITDA margin before exceptional items at a solid 15.3 %
- 2018 outlook confirmed
“In the first nine months of the year, Clariant has delivered strong sales and EBITDA”, stated CEO Ernesto Occhiello. “Going forward, we will focus on growth and cost awareness, while emphasizing to an even greater extent customer-specific, technologically advanced applications and enhancing operating efficiencies. In addition, the implementation of the recently announced portfolio changes will further fuel substantial profitability progression.”
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Clariant published its Nine Months 2018 figures on 31 October 2018.
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CLARIANT REPORTS STRONG PROGRESS IN THE FIRST HALF OF 2018
- Sales grew by 7 % in local currency to CHF 3.389 billion
- EBITDA before exceptional items expanded significantly by 9 %
- EBITDA margin before exceptional items improved to 15.5 %
- Net income increased by 38 % to CHF 211 million
- Operating cash flow at CHF 102 million
- 2018 outlook confirmed
“In the first half of the year, Clariant delivered strong growth in sales, EBITDA and most notably net income”, stated CEO Hariolf Kottmann. “Our adherence to Clariant’s five pillar strategy has resulted in the steady progress we have seen over the last years. We continue to focus on innovation and sustainability for portfolio advancement, leading to further progress in growth and profitability. For 2018, I am confident that we will achieve our targets.”