Positive Outlook for Süd-Chemie through 2009

Specialty chemicals firm Süd-Chemie (Munich) has recorded a 21% hike in Ebit to €101 million in 2007, compared with the year-ago period, on corresponding sales up 7% to €1.1 billion. The company says it has made a “good start to 2008” and for the full year is predicting at least a 10% increase in Ebit, and sales growth of between 7% and 11%. The company’s management board is also optimistic about the firm’s prospects for 2009, the company says.   The company’s performance improvement in 2007 was mainly a result of...

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