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Arkema Reports 2Q 2017 Results

Records €2,198 million sales, up by 12.6% over last year, with a record high for a quarter with €398 million EBITDA.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Arkema reported its second quarter 2017 results. The company recorded €2,198 million in sales, significantly up by 12.6% over last year, as well as a record high for a quarter with €398 million EBITDA, up 17% compared to 2Q 2016.   In addition, EBITDA margin was up at 18.1% from 17.5% in 2Q 2016, confirming the group’s ability to adapt to a rising raw material cost environment. Adjusted net income was also significantly up by 28% to €172 million, i.e. €2.28 per share. Arkema reported cash gene...

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