Clariant Reports Increased Sales and Profitability in 2018
MUTTENZ, Switzerland — Specialty chemical provider Clariant announced full-year 2018 sales of CHF 6.623 billion compared to CHF 6.377 billion in 2017. This corresponds to 5% growth in local currency, all of which is organic, driven by a progression in all business areas, particularly in Catalysis. Both higher volumes and pricing underpinned this expansion.
For the full year, all regions contributed to the sales growth in local currency. Sales in Latin America grew the strongest, by 12%. Sales in Asia increased by 7%, bolstered by a particularly positive development in China and India. In North America, sales rose by 5%. Both Europe and the Middle East & Africa increased sales by 2%.