Industry News

ALTANA Reports Sales Increase in the First Half of 2012

Sales rise by 5 percent in the first six months of the year

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA AG was able to increase sales and operating earnings over the first six months of the current business year. Compared to the strong first half of 2011, ALTANA’s sales rose by 5%, up from €840.3 million to €886.4 million. Adjusted for positive exchange rate as well as acquisition effects, sales came close to the prior-year level. Slightly declining volumes were offset by price increases and product-mix effects. Earnings before interest, taxes, depreciation and amortization (EBITD...

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