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Arkema Announces Full Year 2016 Results

EBITDA is at a new record high of €1,189 million, up 5% from last year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Board of Directors of Arkema announced its 2016 results. EBITDA is at a new record high of €1,189 million, up 5% over last year, up significantly in each of the three business divisions. Volume is up by 3.2% driven by innovation and Asia. There is strong cash generation with €426 million free cash flow.   “The group achieved an excellent fourth quarter driven by excellent growth in volumes. For the year as a whole, financial performance was significantly up and cash generation was high,” c...

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