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Revenues reach €1,064 million, with EBITDA up 19% to €249 million.
August 16, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
ALTANA achieved operating sales growth of 1% in the first half of 2016. Due to exchange-rate effects and portfolio adjustment, nominal sales were down by 1% to €1,064 million, almost reaching the high level of the previous year (€1,070 million). Earnings before interest, taxes, depreciation and amortization (EBITDA) grew at a double-digit rate, up by 19% year-on-year to €249 million (previous year: €210 million). The EBITDA margin reached 23.4%, compared to 19.6% in the first six months of 2...
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