Regions :: Western Europe :: Switzerland
Clariant raises second-quarter sales and earnings, confirms targets
7:23 AM MDT | July 30, 2013 | Natasha Alperowicz
Clariant today reported a 29% increase in second-quarter net profit, to 71 million Swiss francs ($76.2 million), on sales from continuing operations up 2%, at SF1.54 billion, compared with the year-earlier quarter. The company cites higher Ebitda and lower costs, which more than offset higher taxes, as the reasons for the improvement in its net result. Growth was due to higher volumes. The care-chemicals business grew 8% in local currencies, while natural resources was 6% higher, with strong growth in the oil services business compensating for ongoing weakness in...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee