Flexible Electronics News

2019 Results: ALTANA Holds Its Ground on Growth

Sales of €2,249 million, nearly 3% below the strong level of the previous year, while EBITDA reaches €416 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

In 2019, ALTANA held its ground in a challenging market environment and at the same time set the course for further growth. Sales amounted to €2,249 million and were nearly 3% below the level of the previous year, which was still characterized by a strong first half in economic terms. The main reasons for this were the continuing sluggish demand in key industrial sectors, especially the automotive industry, and the general economic slowdown, especially in China. Adjusted for acquisition and exch...

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