Clariant Announces Improved Sales and Profitability
MUTTENZ, Switzerland – Specialty chemicals company Clariant announced first-quarter 2016 sales from continuing operations of CHF 1.478 billion compared to CHF 1.465 billion in the first quarter of 2015. This corresponds to an increase of 3 percent in local currencies. Higher volumes drove the sales growth.
Growth in the Americas was good, with sales in local currencies up 11 percent in Latin America and 4 percent in North America. Europe was up 1 percent in local currencies. Sales in the Middle East and Africa grew by 5 percent in local currencies.