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People & Business :: Earnings/Finance
Arkema Reports Highest Historical Net Income and Ebitda Margin; Expects to Exceed €1 billion Ebitda in 2011
2:23 AM MDT | August 2, 2011 | Natasha Alperowicz
Arkema reported its highest historical net income at €184 million ($265.2 million) in the second quarter of this year with sales rising by more than 10% to €1.77 billion. Ebitda advanced by 33% to €320 million and Ebitda margin was 18% compared with 15% in the year-earlier period. Industrial chemicals recorded the highest Ebitda margin at 23.8%, followed by performance products at 19%, compared with 20.6% and 17% in the year-ago period, respectively. Vinyl products' Ebitda margin was just 0.3%. Thierry Le Hénaff, chairman and CEO says...
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