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2017 Results: ALTANA Accelerates Growth

Sales increase by 8% to €2,247 million, and EBITDA improves to €470 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA accelerated its growth in the 2017 fiscal year. Sales rose to €2,247 million, 8% higher than in the previous year. This was primarily due to a strong increase in sales volumes, but also to acquisitions in the US and China. Adjusted for acquisition and exchange-rate effects, sales climbed by 7% and thus exceeded the company’s medium-term target of 5%.   Earnings before interest, taxes, depreciation, and amortization (EBITDA) were up by 4% to €470 million. The EBITDA margin in 2017 was be...

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