Clariant swallows part of its ambitions halfway through

The Clariating specialties chemist revives his growth forecasts for the current year. Similarly, after a difficult second quarter. Consequently, Exchange effects and restructuring charges have weighed in particular, in a context of sales stagnation. Meanwhile, – Clariant swallows part its ambitions

(Keystone-ATS) Turnover was thus packed by 8.3%, to 968 million francs. The operational gross margin, for its part contracted from 1.3 percentage points to 14.4%, for a referring result of 16.3% to 139 million.

Plusted by restructuring charges up to 60 million. value fixes clariant swallows part its ambitions for additional 30 million, the semi -annual net profit has evaporated from three quarters to 44 million.

Analysts consulted by AWP fell on average on a quarterly turnover of 991 million francs and an EBITDA of 131 million. Throughout the first half, net profit was expected at 84 million.

The Rhine group wishes to underline the first fruits of savings measures. with a reduced cost base of a dozen million in the first half of a total targeted of 80 million.

Management abandons its ambition to generate growth of more than 3% excluding exchange effects for 2025. now suggests an increase of 1 to 3%.

The objective of Marge Ebitda excluding exceptional elements remains set between 17 and 18%. Among the exceptional said, restructuring costs must represent charges of around 75 million. Some additional 20 million in non -recurring costs are also already budgeted. The EBITDA margin audited is therefore rather moving towards a clariant swallows part its ambitions corridor of 15.0 to 15.5%.