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Arkema Reports Full-Year 2020 Results

Has €7.9 billion in sales in 2020, a decline of 8%, while the group’s EBITDA margin remained at 15%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Arkema reported €7.9 billion in sales in 2020, representing a decline of 8% year on year at constant currency, reflecting the impact of the pandemic on global demand. EBITDA in 2020 was €1,182 million, down 18.9%, and EBITDA margin remained at 15%. Specialty Materials was the leader, as its volumes improved 5% compared to 4Q 2019. Overall, Arkema has a good fourth quarter, with sales growth of 2.1%. EBITDA was stable at €289 million. Free cash flow for the year was €651 million, similar to 201...

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