H1 sales were up +8% to CHF3,132m, but the gross profit margin dropped from 31.7% to 30.4%. EBITDA rose +4% to CHF412m and net profit attributable to shareholders came in at CHF144m after CHF123m. Operating CF went down 44% to CHF116m burdened by higher NWC outflow (CHF-223m after CHF-170m) due to higher inventories and receivables. Investing CF swung from CHF-168m to CHF178m, due to lower capex and higher proceeds from financial assets. Financing CF swung back from CHF88m to the red (CHF-729
27 Jul 2017
Emerging markets drives organic growth
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Emerging markets drives organic growth
Clariant AG (0QJS:LON) | 0 0 (-2.2%) | Mkt Cap: 8,000m
- Published:
27 Jul 2017 -
Author:
Martin Schnee -
Pages:
3
H1 sales were up +8% to CHF3,132m, but the gross profit margin dropped from 31.7% to 30.4%. EBITDA rose +4% to CHF412m and net profit attributable to shareholders came in at CHF144m after CHF123m. Operating CF went down 44% to CHF116m burdened by higher NWC outflow (CHF-223m after CHF-170m) due to higher inventories and receivables. Investing CF swung from CHF-168m to CHF178m, due to lower capex and higher proceeds from financial assets. Financing CF swung back from CHF88m to the red (CHF-729