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Arkema Reports Third Quarter 2023 Results

Arkema reported sales of €2.3 billion, down by 17.2% at constant currency compared with Q3 2022.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

During third quarter 2023, Arkema achieved a solid EBITDA margin and high cash generation in an ongoing context of low volumes reflecting the current economic environment. Arkema reported sales of €2.3 billion, down by 17.2% at constant currency compared with Q3 2022. Volumes were down by 6.6% year-on-year in an environment of generally slow demand comparable to that of previous quarters. A 10.6% negative price effect reflecting lower raw materials, as well as price normalization in PVDF and ...

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