Clariant Reports Lower Third-Quarter Sales and Earnings; Embarks on More Cost Cuts

09:32 AM | November 4, 2009 | Natasha Alperowicz

Clariant reported third-quarter operating income before exceptional items down 40% to SF107 million ($103.7 million) on 19% lower sales at SF1.69 billion. Clariant's profit margin declined from 8.5%...