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Half-Year Results: ALTANA Posts Double-Digit Growth

Sales 24% above previous year’s level, with EBITDA margin 21% in the first half year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA achieved double-digit growth in the first half of 2021. In the first six months of the year, the specialty chemicals group’s sales rose by 24% to €1,334 million compared to the same period of the previous year (€1,078 million euros), which was significantly influenced by the coronavirus pandemic. The sales increase was driven by strong demand for ALTANA solutions in almost all sales segments. Adjusted for acquisition and exchange-rate effects, sales were up by 26%. Earnings before intere...

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