Articles Tagged with ''financial reports''

The quarter posted record net sales. Tim Knavish, PPG President and Chief Executive Officer, commented that “improving results are despite macroeconomic conditions that remain challenging and reflect the strengths of our diverse business portfolio.”

Record third-quarter net sales of $1.52 billion increased 5.7% over the prior year.

In 2022, Hempel emphasized its focus on improving earnings by reducing costs to compensate for rising raw material costs and lower volumes.

After a challenging year 2022, Evonik says it is cautiously optimistic for 2023.

The company has reported its financial results for the full-year 2022. Despite lower sales volumes as a consequence of the recessionary environment, Covestro’s group sales grew by 13% to €18.0 billion.

The digital Report 2022 includes coverage of AkzoNobel’s financial results and business developments, while the company’s progress on its sustainability ambitions is highlighted throughout.

In a first for Brenntag, the interest conditions of the credit facility were also linked to the achievement of quantitative ESG criteria. 

The company says the market environment was dominated by the consequences of the war in Ukraine, and in particular by increased raw material and energy prices.

In 2022, Bühler reportedly expanded its business and improved profitability in an uncertain and volatile business environment.