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Sales up 22% to €2,667 million from the previous year, with EBITDA margin of 18%.
March 21, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
ALTANA closed the 2021 fiscal year with record results. Sales rose by 22% to €2,667 million (previous year: €2,178 million). As a result, the specialty chemicals group achieved its strongest growth in the past 10 years. The growth was driven by global demand for ALTANA solutions in almost all sales segments. Earnings before interest, taxes, depreciation and amortization (EBITDA) climbed by 13% to €482 million. At 18%, the EBITDA margin was within the company’s long-term target range of 18 to ...
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