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Sales rise significantly by 9% to €1,160 million, with EBITDA improving to €262 million.
August 9, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
ALTANA recorded an increase in both sales and earnings in the first half of the 2017 fiscal year. Compared to the previous year’s period, sales saw a significant rise of 9% to €1,160 million. Adjusted for acquisition and divestment as well as exchange-rate effects, sales grew by 6%. At €262 million, ALTANA’s earnings before interest, taxes, depreciation and amortization (EBITDA) improved by approximately 5%. At 22.6%, the EBITDA margin was slightly lower than the previous year’s figure (23.4%). ...
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