Clariant improved its financial performance in 2016, after a dip in sales and net income in 2015.
The Switzerland-based chemicals group saw revenues rise by 2% year on year to CHF5.85 billion USD5.80), while net profits increased by 16% to CHF263 million. In contrast, sales fell by 5% and net profits dropped by 3.4% in 2015.
The improved performance in 2016 was driven partly by 5% year-on-year global sales growth in the Care Chemicals division, which includes aircraft de-icing and runway de-icing fluids.
CEO Hariolf Kottmann expressed confidence that Clariant will meet its objectives in 2017, helping the group to obtain a position near the top of the specialty chemicals industry.
See related article at: http://www.ihsairport360.com/article/7622/mild-winter-affects-clariant
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