Clariant AG (CLRN.SG)
- GlobeNewswire
Clariant sells the real estate property “Industrial Park Fechenheim”
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR MUTTENZ, 17 SEPTEMBER 2024 Clariant, a sustainability-focused specialty chemical company, today announced that it has reached an agreement to divest its real estate property “Industrial Park Fechenheim”, Frankfurt am Main, Germany to the Lugman Group, a Frankfurt-based single-family office specialized in real estate, for EUR 95 million in cash. The transaction is expected to close in the course of 2025. Clariant currently expects a book gain of around C
- GlobeNewswire
Clariant delivers strong underlying margin improvement in the second quarter and increases 2024 profitability outlook to ~ 16 % EBITDA margin
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR SECOND QUARTER / FIRST HALF YEAR | 2024 Q2 2024 sales decreased by 3 % organically in local currencies1 to CHF 1.056 billion as growth in Care Chemicals and Adsorbents & Additives was offset by an expected decline in CatalystsQ2 2024 reported EBITDA margin decreased to 15.7 % compared to 16.1 % in Q2 2023, underlying improvement excluding prior year’s disposal gain of more than 500 basis points driven by positive operating leverage and reduced sunliquid
- GlobeNewswire
Clariant delivers good start to 2024 with improved profitability – outlook confirmed
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR Q1 2024 sales decreased by 6 % organically in local currencies1 to CHF 1.014 billion against a strong comparison base in Q1 2023, driven by stabilized volumes and lower pricing Q1 2024 EBITDA margin improved to 17.1 % compared to 13.9 % in Q1 2023, driven by performance programs, deflationary raw material and energy price trends, strong margin in aviation, and reduced sunliquid® impactClosing of Lucas Meyer Cosmetics acquisition on 2 April 2024 strength
