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ALTANA Posts Robust Growth in the First Six Months of 2007

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA AG substantially increased sales and earnings in the first six months of 2007 compared to the previous year. Sales increased by 7 percent, rising from €659.0 million to €705.7 million. Adjusted for negative exchange rate effects of 3 percent as well as slightly positive acquisition effects, the operating sales growth rate was 9 percent. The growth in sales was particularly strong in Europe (10 percent) and Asia (8 percent). Earnings before interest, taxes, depreciation and amortizatio...

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