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CLARIANT
Place de cotation: Francfort - Londres - Zurich - Virt-x 
Indice: SMI - STOXX 600

Issue de la fusion en 1997 entre la division chimique de Sandoz et celle de Hoechts (Clariant est devenu un des plus importants groupes mondiaux de la chimie de spécialité



09/05/2006  1st quarter of 2006: Clariant Delivers Good Sales Growth / Moderate Increase in Profitability
Organic growth of 6% plus 5% positive currency effect, totalling an 11% increase 
Net income rises 31% to CHF 94 million 
EBIT margin grows to 7.2% from 7.0% 
Performance improvements deliver savings of CHF 60 million 
Raw material costs up 2% year-on-year 
Positive outlook for 2006 maintained, with substantial cost reductions on track

 

MUTTENZ, Switzerland – May 9, 2006 – Clariant posted a solid performance in the first three months of the year, with organic growth increasing 6% in local currency terms and 11% in Swiss Franc terms versus the same period in 2005. 

Good demand was seen across most businesses, while sales prices held at last year’s level. Net income rose to CHF 94 million, from CHF 72 million, with the operating margin before exceptional items increasing to 7.2%, from 7.0%, aided by cost-cutting measures. Earnings continued to be affected by higher raw material, energy and logistics costs compared to the same period in 2005. 

“Clariant has delivered satisfactory results,” said Chief Executive Officer Jan Secher. “Strong sales growth together with an increase in the operating margin are very encouraging signs. Nevertheless, raw material costs have shifted to higher levels and accordingly I am placing top priority on increasing our ability to raise prices and further improving our operational efficiency.” 
 

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