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People & Business :: Earnings/Finance

Clariant reports rise in net result from continuing operations

3:37 AM MDT | October 30, 2013 | Deepti Ramesh

Clariant says that net result from continuing operations increased to 129 million Swiss francs ($143 million) in the third quarter of 2013 from SF47 million in the third quarter of 2012. Clariant reports a net loss of SF204 million in the third quarter of 2013 compared with a net profit of SF47 million in the third quarter of 2012. Sales from continuing operations decreased 3% in the third quarter, to SF1.44 billion, but it grew 2% in local currencies due to higher sales volumes, the company says. “In Swiss francs, sales decreased 3%, due to the pronounced...

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