IHS Chemical Week

People & Business :: Companies

Lower sales volumes in Europe contribute to decline in Clariant's third-quarter profits

8:49 AM MDT | October 31, 2012 | Sotirios Frantzanas

Clariant says its sales increased 3% in the third quarter of 2012, to 1.92 billion Swiss francs ($2.07 billion), compared with SF1.86 billion in the third quarter of 2011. Net and operating profits, however, decreased 39% and 13% year-on-year (YOY), to SF49 million and SF96 million, respectively. Higher financial costs and unfavorable foreign exchange rate effects drove the decrease in profits, the company says. Clariant's third-quarter performance was also impacted by continued instability in the global economy and the fact that, unlike in the second...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa