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Sales reach €1,070 million euros in 1H 2015, an increase of 9%.
August 7, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
ALTANA was able to increase sales by 9% to €1,070 million in the first half of 2015 (previous year: €985 million). At €210 million, earnings before interest, taxes, depreciation and amortization (EBITDA) almost reached the high level of the previous year (€212 million). At 19.6%, the EBITDA margin was below the previous year’s margin (21.5%), remaining, however, at a high level. The company’s sales growth mainly resulted from positive exchange rate effects (8%), but also from acquisitions (1...
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