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Clariant Reports a Rise in Fourth-Quarter Income
1:22 PM MDT | August 6, 2007 | Chemical Week Editorial Staff
Clariant reported fourth-quarter 2006 net income up 43%, to SF23 million ($18.5 million), on sales up 3%, to SF2 billion. Operating income from continuing operations rose 28%, to SF134 million, excluding special items. Operating profits increased 7%, to SF112 million including special items. Operating income before special items in the masterbatch division rose 14%, to SF24 million, on sales up 6%, to SF296 million. Higher volumes and price increases were achieved across all masterbatch businesses, the company says. The functional chemicals business reported...
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