Clariant Posts a First-Quarter Earnings Decline but Maintains Full-Year Guidance

Clariant's net income tumbled 83% in the first quarter of 2012 compared with the corresponding period of 2011, to SF20 million  ($22 million) on sales up 13% year on year, to SF1.95 billion. Ebitda before exceptional items declined 15%, to SF236 million in the first quarter and operating profits fell 39%, to SF123 million. As a result, Ebitda margins before exceptionals decreased to 12.1% in the first quarter from 16.1% one year earlier. The Ebitda pre-exceptionals figure was slightly below analysts' forecasts of about SF240 million. Clariant had anticipated...

This information is only available to Chemical Week subscribers.

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

Email Address First Name Last Name

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