As there was no organic growth in Q2, Clariant’s sales were heavily impacted by adverse FX effects (-8pp) pushing the figure down 8% to CHF1,406m, but the gross profit margin gained additional strength (30.7% after 29.5%). EBITDA stood fairly unchanged at CHF196m and net profit attributable to shareholders decreased 21% to CHF53m.
30 Jul 2015
Party-pooping Catalysis but the rest didn't do too badly
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Party-pooping Catalysis but the rest didn't do too badly
Clariant AG (0QJS:LON) | 0 0 (-2.2%) | Mkt Cap: 8,000m
- Published:
30 Jul 2015 -
Author:
Martin Schnee -
Pages:
3
As there was no organic growth in Q2, Clariant’s sales were heavily impacted by adverse FX effects (-8pp) pushing the figure down 8% to CHF1,406m, but the gross profit margin gained additional strength (30.7% after 29.5%). EBITDA stood fairly unchanged at CHF196m and net profit attributable to shareholders decreased 21% to CHF53m.