Flexible Electronics News

ALTANA Achieves Leap in Sales and Earnings in 2014

Sales rise by 11% to around 2 billion euros; EBITDA reaches 397 million euros, with a margin of 20.4%

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA achieved significant growth in sales and earnings in the 2014 fiscal year. Sales amounted to around €2 billion, corresponding to an increase of 11% year-over-year. The acquisition of Rockwood’s rheology business, concluded on Oct. 1, 2013, significantly contributed to this double-digit growth. Altogether, acquisitions comprised a total of 7% of the Group’s sales growth. Adjusted for these effects and minor negative exchange rate effects, operating sales increased by 4%, primarily due to h...

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