Clariant delivered strong sales growth and record H1 EBITDA margin Donnerstag, 28. Juli 2022 - 07:02
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR
- Q2 2022: Sales from continuing operations grew by 29 % in local currency to CHF 1.301 billion, underpinned by strong pricing and volume expansion
- Q2 2022: EBITDA margin increased to 16.6 % from 15.8 %, supported by operating leverage from strong sales growth, fully compensating raw material, energy, and logistics cost inflation
- H1 2022: Sales from continuing operations increased by 29 % in local currency to CHF 2.563 billion
- H1 2022: EBITDA margin increased to 17.0 % from 16.5 % – a record first half year EBITDA margin
- Full Year 2022 Outlook: Strong local currency growth for the Group to around CHF 5.0 billion with the aim to improve the year-on-year Group EBITDA margin
“Throughout the first half year 2022, we continued to generate a significant sales and profitability increase driven by strong pricing and volume growth, fully compensating raw material, energy, and logistic cost inflation. Our new operating model brings a simplified organizational and leadership structure to support the further implementation of Clariant’s purpose-led growth strategy and cultural transformation. Despite significant short-term macroeconomic uncertainties, we confirm our full year 2022 guidance and expect to make progress in operating cash flow generation in the second half of 2022,” said Conrad Keijzer, Chief Executive Officer of Clariant.
Clariant published its Second Quarter / First Half Year Results 2022 on 28 July 2022.
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