Flexible Electronics News

ALTANA’s Sales Increase by 5% to More Than €2 Billion

Reaches sales of more than €2 billion for the first time, with an EBITDA of €391 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA increased sales by 5% in the 2015 fiscal year, achieving more than €2 billion for the first time. Earnings before interest, taxes, depreciation and amortization (EBITDA) reached €391 million, almost on a par with the strong previous year’s level (€397 million). At 19.0%, the EBITDA margin was below the previous year’s figure (20.4%), but still at a high level.   The sales growth was primarily due to positive exchange rate effects (7%) and acquisitions (1%). Adjusted for these effects, o...

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