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Sales reach �985 million, with EBITDA margin at 21.5 percent
August 8, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
ALTANA was able to achieve a significant increase in its sales and earnings in the first half of 2014. Sales in the first six months of the current fiscal year grew by 11% to €985 million (previous year: €887 million). Earnings before interest, taxes, depreciation and amortization (EBITDA) reached €212 million, which is an increase of 19% compared to the previous year (€178 million). The EBITDA margin increased from an already high level of 20.1% to 21.5%. “Mainly due to the acquisition of R...
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