Industry News

ALTANA Further Expands its Business in 2011

Sales 5 percent up on the previous year

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA was able to further increase sales in the business year 2011 compared to its record year in 2010, despite an increasingly challenging environment. Sales climbed to €1,617 million, corresponding to an increase of 5% compared to the previous year (€1,535 million). Adjusted for exchange rate as well as acquisition effects, the operating sales growth was also 5%. The development during the year, however, was rather heterogeneous. While sales in the first months of 2011 increased in the d...

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