CLARIANT SETS NEW 2025 FINANCIAL TARGETS AND ANNOUNCES STEP-UP IN GROWTH AND PROFITABILITY Dienstag, 23. November 2021 - 07:00

CLARIANT SETS NEW 2025 FINANCIAL TARGETS AND ANNOUNCES STEP-UP IN GROWTH AND PROFITABILITY

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR

With its new purpose-led strategy, Clariant is committed to creating shareholder value with an ambition to develop towards the top quartile performance versus specialty chemicals peers
New 2025 financial targets: compound annual sales growth of 4-6 %, Group EBITDA margin of 19-21 % and free cash flow conversion of around 40 %
Profitable growth, significantly above GDP via sustainability-driven innovation, regional expansion and selective bolt-on acquisitions
Confirmed non-financial targets to maintain leadership in sustainability: 40 % reduction in Scope 1 & 2 emissions and 14 % reduction in Scope 3 emissions by 2030
Step-up in performance improvement programs by an additional CHF 60 million savings in continuing operations

“Our new purpose: ‘Greater chemistry – between people and planet’, is at the core of everything we do. Our leading position in sustainability and our customer-centric and sustainability-focused innovation pipeline, position us well to become a true leader in specialty chemicals,” said Conrad Keijzer, Chief Executive Officer of Clariant. “We are committed to increasing shareholder value and are confident that the execution of our purpose-led strategy and our exciting business opportunities will enable us to outgrow our markets and to further improve our profitability.”