Clariant reported a strong profitability improvement, which was supported by some cost cutting. The rate of the profitability increase broadly reflects Clariant’s position in the value chain. Nevertheless, the recovery was held back by the weaker, but explained, performance in Catalysis. All in all, a good set of figures coming in above 2019 levels. Consequently, management raised the guidance for the top line.
Reported figures were +4.5% above consensus at the top line and +7.8% ahead in the ....
29 Oct 2021
Above pre-crisis levels
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Above pre-crisis levels
- Published:
29 Oct 2021 -
Author:
Martin Schnee -
Pages:
3
Clariant reported a strong profitability improvement, which was supported by some cost cutting. The rate of the profitability increase broadly reflects Clariant’s position in the value chain. Nevertheless, the recovery was held back by the weaker, but explained, performance in Catalysis. All in all, a good set of figures coming in above 2019 levels. Consequently, management raised the guidance for the top line.
Reported figures were +4.5% above consensus at the top line and +7.8% ahead in the ....