Industry News

ALTANA: Dynamic Upward Trend Continues

Sales, earnings grow significantly in the first six months of the year

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA continued and further strengthened its positive business performance over the first six months of the current business year. Compared to the first half of 2009, the company increased sales by 43% to €773.1 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) also climbed considerably from €70.2 million to €171.5 million. For all figures it has to be taken into account that the first half of 2009, which serves as the basis for comparison, was heavily burdene...

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