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Sales were up 2% year on year to €2,215 million.
May 9, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Arkema reported its first quarter 2019 results. Sales were up 2% year on year to €2,215 million, driven by increased selling prices (4.7% in the High Performance Materials division). EBITDA was €370 million, close to the record performance of first-quarter 2018 (€383 million), in a volatile and mixed economic environment. Adjusted net income was €165 million, representing 7.4% of sales. Arkema recorded strong cash generation for a first quarter, with free cash flow increasing to €73 million (€...
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