Clariant reported slightly higher sales (+1% to CHF5,847m) due to higher volumes and the gross profit margin weakened from 30.7% to 30.3%. EBITDA grew +2% to CHF785m and net income attributable to shareholders rose +10% to CHF253m. Operating CF went up +7% to CHF646m based on less negative payments for taxes and restructuring and lower NWC outflows (CHF-18m after CHF-68m). Investing CF moved from CHF-335m to CHF-772m primarily due to higher acquisition-related costs and investments in near-ca
16 Feb 2017
Weak Catalysis, but stronger operating CF
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Weak Catalysis, but stronger operating CF
Clariant AG (0QJS:LON) | 0 0 (-2.2%) | Mkt Cap: 8,000m
- Published:
16 Feb 2017 -
Author:
Martin Schnee -
Pages:
3
Clariant reported slightly higher sales (+1% to CHF5,847m) due to higher volumes and the gross profit margin weakened from 30.7% to 30.3%. EBITDA grew +2% to CHF785m and net income attributable to shareholders rose +10% to CHF253m. Operating CF went up +7% to CHF646m based on less negative payments for taxes and restructuring and lower NWC outflows (CHF-18m after CHF-68m). Investing CF moved from CHF-335m to CHF-772m primarily due to higher acquisition-related costs and investments in near-ca