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Regions :: Western Europe :: France
Arkema reports lower Ebitda in fourth quarter and full year, outlines investments
10:24 AM MST | March 4, 2014 | Natasha Alperowicz in Paris
Arkema today reported fourth-quarter and full-year 2013 results and said it is confident to grow Ebitda in 2014. Adjusted net income from continuing operations in the fourth quarter was up 4.5% to €46 million ($63.3 million) on sales down 2.5% to €1.41 billion. Ebitda was down 5.3% to €162 million and fourth-quarter Ebitda margin was 11.5% compared with 11.8% in the year-earlier period. The company warned in January that it will not reach its Ebitda projections of €920 million in 2013. It closed 2013 with Ebitda 9.4% down at...
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