最新资讯发布

由prf.cn支持,以我们客户的名义发布

share this
t f li g+ +

Case Studies

Editorial Enquiries
顾晗丽-Liddy Gu
EMG China
Email: lgu@emgchina.com
Tel:
Fax:


Also available in:
  - 简体中文

7 五月 2019

Clariant continued to grow sales despite a slow start in Plastic & Coatings

• Sales increased by 2 % in local currency to CHF 1.715 billion
• EBITDA after exceptional items was CHF 236 million
• EBITDA margin after exceptional items was 13.8 %
• Outlook reiterated: above-market growth, higher profitability and stronger cash generation
“In the first three months of this year, Clariant delivered continued organic sales growth despite the challenging macroeconomic environment,” said Ernesto Occhiello, CEO of Clariant. “Our focus on customer experience and fast, reliable customer fulfillment is particularly noticeable in the progression of the Business Areas Care Chemicals, Catalysis and Natural Resources. Despite Plastics & Coatings being negatively impacted by the current economic and business environments, we are confident in our ability to progress throughout the year. We will continue to identify and address the next challenges and future demands of our customers, leading to above-market growth, higher profitability and stronger cash generation.”

First Quarter 2019 – Higher local currency sales and improved profitability at Care Chemicals and Catalysis

Muttenz, April 30, 2019 - Clariant, a focused and innovative specialty chemical company, today announces first quarter 2019 sales of CHF 1.715 billion compared to CHF 1.722 billion in the first quarter of 2018. This corresponds to a good 2 % organic growth in local currency, driven by higher pricing in all Business Areas versus a high comparison base.

On a regional basis, the sales development in Latin America, Europe and the Middle East & Africa all reflected single-digit growth in local currency. Both North America and Asia reported slightly negative growth of 1 %. The continued weaker demand in China negatively influenced the Group sales development in the first quarter.

The improved sales performance in the first quarter of 2019 resulted from expansion in the Business Areas Care Chemicals, Catalysis and Natural Resources. Sales in Care Chemicals increased by 2 % in local currency although they were unfavorably impacted by the Aviation business due to the mild weather. Excluding Aviation, Care Chemicals sales rose in good mid-single digits in local currency. This growth was primarily driven by an excellent Consumer Care development. Catalysis sales grew by a good 4 % in local currency compared to a record first quarter in the previous year. Natural Resources sales accelerated by 10 % in local currency, mainly lifted by good Oil & Mining Services demand but also solid growth in Functional Minerals.

In Plastics & Coatings, sales declined by 2 % in local currency, largely as a result of the weaker than anticipated automotive and plastics markets as well as the further economic slowdown, particularly in China. However, the underlying demand in China remains solid and Clariant expects to see a gradual improvement throughout the remainder of 2019.

The newly reported EBITDA after exceptional items reached CHF 236 million with a corresponding margin of 13.8 %. The 8 % lower absolute EBITDA after exceptional items is the result of weaker profitability in Plastics & Coatings and higher project costs relating to Clariant’s step change into higher value specialties announced in September 2018. The work on the respective projects is progressing well. Care Chemicals and Catalysis both reported a significant positive progression year-on-year, while Natural Resources also delivered a sound profitability improvement quarter-on-quarter as anticipated.

Outlook 2021 – Above-market growth, higher profitability and stronger cash generation
Clariant is a focused and innovative specialty chemical company. We aim to provide more than just customer-oriented products. We strive to provide the best customer experience and fast, reliable customer fulfillment in the industry by setting the right priorities.

Our aim is to make our customers more successful. We therefore constantly focus on timely and rewarding innovations, products that are difficult to imitate, sustainability, agility as well as ethical practices. We will only be satisfied with the highest level of excellence in every function within the Group. Our success will be realized through the execution of our strategy.

We confirm our 2021 guidance to achieve above-market growth, higher profitability and stronger cash generation.



Reader Enquiries:

Clariant
Rothausstrasse 61
4132 Muttenz 1
Editorial - Company
Tel: +41 61 469 6742
Fax: +41 61 469 5901
Web: www.clariant.com



Notes For Editors:
www.clariant.com
Clariant is a focused and innovative specialty chemical company, based in Muttenz near Basel/Switzerland. On 31 December 2018 the company employed a total workforce of 17 901. In the financial year 2018, Clariant recorded sales of CHF 6.623 billion for its continuing businesses. The company reports in four business areas: Care Chemicals, Catalysis, Natural Resources, and Plastics & Coatings. Clariant’s corporate strategy is based on five pillars: focus on innovation and R&D, add value with sustainability, reposition portfolio, intensify growth, and increase profitability.

This media release contains certain statements that are neither reported financial results nor other historical information. This document also includes forward-looking statements. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors that are beyond Clariant’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors such as: the timing and strength of new product offerings; pricing strategies of competitors; the Company’s ability to continue to receive adequate products from its vendors on acceptable terms, or at all, and to continue to obtain sufficient financing to meet its liquidity needs; and changes in the political, social and regulatory framework in which the Company operates or in economic or technological trends or conditions, including currency fluctuations, inflation and consumer confidence, on a global, regional or national basis. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. Clariant does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of these materials.