Flexible Electronics News

ALTANA Reports 2020 Results

Sales of €2,178 million, 3% below the previous year’s level.

Author Image

By: Anthony Locicero

Copy editor, New York Post

ALTANA said that despite the burdens of the coronavirus pandemic, it recorded only a slight decline in sales in the 2020 fiscal year and was able to increase EBITDA in a year-to-year comparison.    Sales reached €2,178 million, just 3% below the 2019 level.    Adjusted for acquisition and exchange-rate effects, the sales decrease was 4%.    Earnings before interest, taxes, depreciation and amortization (EBITDA) rose to €426 million, exceeding the previous year’s level by 2%.    F...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters