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Strongest quarter in company’s history
24-Oct-2017 - Covestro delivered the strongest quarter in the company’s history in the third quarter of 2017 as the positive trend of the first six months carried on. At EUR 491 million, net income was up 89.6% on the prior-year quarter. At the same time, EBITDA was 50.2% higher, and sales rose 16.9% over the ...
Sales up almost 30 percent to EUR 2.5 billion
11-Aug-2017 - Following a good second quarter 2017, specialty chemicals company LANXESS continues to expect the highest earnings in the company’s history for the current financial year. Global sales of the company increased by almost 30 percent to EUR 2.5 billion, up from EUR 1.9 billion a year earlier. EBITDA ...
10-Aug-2017 - Brenntag posted further growth in the second quarter of 2017. This was driven especially by the very encouraging performance in the North America region, where it achieved a clear increase in the results in an improved economic environment. In the regions Europe, Middle East and Africa (EMEA) and ...
Life Science and Healthcare drive organic growth
04-Aug-2017 - Merck reported an increase in sales in the second quarter of 2017 along with a decline in EBITDA pre exceptionals compared with the year-earlier period. Merck confirmed its earnings guidance following the first six months of 2017. “We have set the course for future growth. By focusing on ...
31-Jul-2017 - In Q2 2017, Wacker Chemie AG achieved a slight increase in sales compared with the adjusted prior-year figure reflecting the deconsolidation of Siltronic and substantial growth in EBITDA versus Q1 2017. The Munich-based chemical company posted sales of €1,218.3 million in the reporting quarter ...
2017 outlook raised
28-Jul-2017 - “The positive demand trend continued in the second quarter of 2017. We increased our year-on-year sales volumes for the fifth consecutive quarter. Compared with the same quarter of last year, we considerably improved our sales and earnings,” said Dr. Kurt Bock, Chairman of the Board of Executive ...
Group sales up 17.0% to EUR 3.5 billion
26-Jul-2017 - After a successful start to 2017, the second quarter continued to be positive for Covestro. Ongoing robust demand for polymer materials led to a year-on-year improvement in utilization of available capacities for the industry as well as for Covestro. The result was a sharp increase of 56.5% in ...
Guidance 2018 expected to be achieved one year ahead of time
31-Oct-2016 - Lonza recorded another strong quarter in terms of sales and earnings. The overall company results were a consequence of continued good performance in both the Specialty Ingredients and the Pharma&Biotech segments. “We have experienced a continuous growth pattern, which is further proof that our ...
Bayer loans repaid in full
27-Jul-2016 - In the period from April to June 2016, the materials manufacturer Covestro continued its successful development from the first quarter of the year. Adjusted EBITDA increased by 8.8% to EUR 542 million year-on-year, mainly driven by higher core volumes in the Polyurethanes and Polycarbonates ...
Continued volume growth with improved profitability across all Business Areas
20-Jul-2016 - AkzoNobel reported a second quarter with positive developments in profitability in all three Business Areas, despite currency pressures and a challenging market environment. EBIT increased 9 percent to €491 million. Overall volumes improved by 1 percent, although this increase was not reflected ...
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