22nd October 2020

CLARIANT DELIVERS STRONG SALES

Clariant has released its sales figures for the first nine months of 2018. Sales were CHF 4.994 billion (Swiss francs) compared to CHF 4.698 billion in 2017. This represents a growth of 6%, which was supported by both higher volumes and pricing. Contributions came from all business areas, including chemicals.

Most regions also contributed to the sales growth. Latin America reported the strongest growth of 13% in local currency. In Asia, sales rose 9%, mainly driven by China and India. Sales in North America grew 6% on the heels of strong expansion during the same time period in 2017. In Europe, sales advanced 4%. In the Middle East and Africa, the company’s smallest geographic region, sales decreased 3%.

“In the first nine months of the year, Clariant has delivered strong sales and EBITDA,” says Ernesto Occhiello, CEO. “Going forward, we will focus on growth and cost awareness, while emphasizing to an even greater extent customer-specific, technologically advanced applications and enhancing operating efficiencies. In addition, the implementation of the recently announced portfolio changes will further fuel substantial profitability progression.”

www.clariant.com