ALTANA Reports Increased Sales and Earnings in 2012
WESEL, Germany – The specialty chemicals group ALTANA increased sales by 5 percent to EUR 1.7 billion in the 2012 business year, achieving the company’s target level for the year. Earnings before interest, taxes, depreciation and amortization (EBITDA) also grew by 5 percent, reaching EUR 323 million. At 19 percent, the EBITDA margin remained at a high level.
"In 2012, we proved once again that we are able to achieve profitable growth, even in a rapidly changing environment," said Dr. Matthias L. Wolfgruber, CEO of ALTANA AG. "This was possible because we have implemented our growth strategy consistently and acted flexibly.“