Flexible Electronics News

ALTANA Remains on Growth Path in First Half of 2018

Operating sales increase by 6%, but EBITDA slightly below first six months of previous year due to higher raw material costs.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA continued on its growth path in the first half of 2018. Nominal sales rose by 3%, and, adjusted for acquisition and exchange-rate effects, by 6% to €1,200 million. In addition to the expanded sales volumes, the main drivers were price increases as well as contributions from completed acquisitions. On the other hand, the exchange-rate development, especially that of the US dollar against the euro, curbed sales growth.   In the first six months of 2018, the ALTANA Group achieved earnings ...

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