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Clariant delivers solid Q4 underlying EBITDA margin.
March 1, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Clariant announced fourth quarter 2023 sales of CHF 1.062 billion, down 10% organically in local currency and 14% including scope in local currency (20% in Swiss francs) versus Q4 2022. Pricing decreased by 4% year-on-year and volumes by 6%. Changes in scope had a net negative impact of 4% due to the divestments of the North American Land Oil and Quats businesses, partially offset by the acquisition of the U.S. Attapulgite business. The net impact from hyperinflation in Argentina and Türkiye ...
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