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EBITDA increased 6% to €303 million, with free cash flow of €245 million.
November 10, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
The Board of Directors of Arkema met on Nov. 9, 2016 to review the Group’s consolidated accounts for third quarter 2016. Sales reached €1,838 million, down 5.5% on third quarter 2015 (€1,946 million). Volumes, +2.0% up, improved across all three divisions. The -4.5% price effect reflects the impact on sales prices of raw material variations. The -2.0% business scope effect results from the Sunclear divestment in 4th quarter 2015. The translation effect was negative at -1.0%. At €303 mill...
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