Industry News

ALTANA Reports Positive Performance in 1Q 2008, Approves Dividend Plan

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA continued its positive development over the first quarter of 2008. Compared to the prior year’s period, sales as well as operating earnings increased in spite of the cloudier general economic conditions, especially in the U.S.      Sales amounted to €357.6 million ($565 million), following €348.6 million ($465 million) in the prior year, corresponding to an increase of 3 percent. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose disproportionately to sales by...

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