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Arkema Posts 2Q 2019 Results

Sales were close to last year’s level at €2,254 million (€2,270 million in 2Q’18).

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Arkema reported its second quarter 2019 results. Sales were close to last year’s level at €2,254 million (€2,270 million in 2Q’18). EBITDA was €407 million, compared with the record performance of second-quarter 2018 (€430 million) in a more challenging macroeconomic environment, resulting in a very solid EBITDA margin of 18.1%. Adjusted net income of €192 million, representing 8.5% of sales. The company reported strong cash generation, with free cash flow increasing to €90 million (€41 million ...

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