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ALTANA Holds Its Ground in a Challenging Environment and Sets the Course for Further Growth

High investments in international sites and digitization

24-Mar-2020

In the 2019 fiscal year, the specialty chemicals Group ALTANA held its ground in a challenging market environment and at the same time set the course for further growth. Sales amounted to €2,249million and were thus nearly 3percent below the level of the previous year, which was still ...

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WACKER Makes Guidance For 2020 Conditional Due to Coronavirus

18-Mar-2020

As already reported, Wacker Chemie AG's total sales for 2019 almost matched the prior-year level. On presenting its annual report, the Munich-based chemical company announced that Group sales came in at €4.93 billion in 2019 (2018: €4.98 billion). The slight decline of 1 percent was mainly due to ...

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LANXESS achieves full-year target for 2019 despite challenging environment

Leather business unit reported as a discontinued operation

11-Mar-2020

Specialty chemicals company LANXESS had a successful fiscal year 2019 in an increasingly challenging economic environment. EBITDA pre exceptionals increased by 3.3percent to EUR1.019billion. As guided, the earnings came in roughly in the middle of the range of EUR1.00billion to ...

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Merck Meets all Financial Targets and Makes Significant Strategic Progress

06-Mar-2020

Merck met all its financial targets and thus grew profitably in fiscal 2019. At the same time, Merck also made significant progress in executing its strategic agenda. “We delivered on our promise and achieved growth for all our key performance indicators, namely net sales, EBITDA pre and EPS pre. ...

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Evonik has kept earnings stable

New company structure mirrors strategy

04-Mar-2020

Evonik has kept earnings stable despite a deteriorating global economy. Adjusted EBITDA in 2019 was €2.153 billion compared with €2.150 billion in the previous year. Sales fell slightly by 1 percent to €13.1 billion. “We achieved our outlook and kept our earnings stable even in a market ...

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Brenntag increases profit and intends to raise the dividend

04-Mar-2020

Brenntag generated sales of 12,821.8 million EUR in 2019 in a difficult macroeconomic environment. Sales were therefore on a par with the prior-year figure on a constant currency basis. Operating gross profit rose by 3.4% to just over 2,821.7 million EUR. Operating EBITDA reached 1,001.5 million ...

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BASF: EBIT before special items declines

Impacts from coronavirus expected

28-Feb-2020

BASF generated sales of €59.3 billion in the 2019 business year; the slight decline in sales compared with the previous year resulted from lower volumes and prices. Income from operations (EBIT) before special items was €4.5billion, down by €1.7billion from the prior-year level as a result of ...

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Bayer strategically and operationally successful

27-Feb-2020

Bayer was strategically and operationally successful last year. “We delivered in 2019 and kept our promises in all areas,” Werner Baumann, Chairman of the Board of Management, said on Thursday at the Financial News Conference in Leverkusen. “We achieved our financial targets despite coming up ...

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Covestro achieves targets in continuing challenging market environment

21-Feb-2020

Covestro has achieved its targets in a challenging market environment in fiscal 2019. Core volumes increased by 2.0% compared to the previous year. Group sales fell by 15.1% to approximately EUR 12.4 billion as selling prices remained low due to increased competitive pressure in all segments. ...

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Sartorius is set to grow further

Sartorius achieves significant increases in sales revenue and earnings again in 2019

29-Jan-2020

Sartorius has continued on its profitable growth track in fiscal 2019. The Group grew by double digits in sales revenue, order intake and earnings, recording gains in both divisions and across all regions. According to preliminary figures, Group sales revenue rose in constant currencies by 14.8% ...

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