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CEWE wants to see a renewed rise in earning power

- 2014 profit targets all reached

- ROCE increases to 16.9 %

- Dividend to increase for the sixth time in succession

- CEWE ends 2014 free of debts and with a capital ratio of 51.1%

- Operative earnings targets for 2015 raised by two million euros over those for 2014

- CEWE distinguished by Superbrand Germany


CLARIANT AND SABIC ENTER GOVERNANCE AGREEMENT DEFINING THE LONG-TERM STRATEGIC RELATIONSHIP

Agreement underlines long-term commitment of SABIC as strategic anchor shareholder creating value for all stakeholders

Extraordinary General Meeting scheduled for 16 October 2018 to decide on expansion of Clariant Board of Directors to 12 members; four Board members to be nominated by SABIC
Current Clariant CEO Hariolf Kottmann proposed as new Chairman of the Board
Ernesto Occhiello appointed new CEO effective as of 16 October 2018
Clariant to continue as an independent listed company headquartered in Switzerland under Swiss corporate governance
Clariant and SABIC, two world leaders in chemicals, today jointly announced the signing of a Governance Agreement that determines the principles of Clariant’s future governance, defines SABIC’s position as a strategic anchor shareholder and confirms Clariant’s independence as a publicly-listed company under Swiss corporate governance.

SABIC recently completed the purchase of a 24.99 % stake in Clariant.

Clariant increased sales, profitability and operating cash flow in 2018

Sales increased by 5 % in local currency to CHF 6.623 billion

EBITDA before exceptional items improved by 5 % in Swiss francs, exceeding CHF 1 billion
EBITDA margin before exceptional items expanded to 15.4 %
Net income climbed by 18 % to CHF 356 million
Operating cash flow rose by 24 % to CHF 530 million
Proposed dividend increase of 10 % to CHF 0.55 per share
Outlook 2021: above-market growth, higher profitability and stronger cash generation

Clariant makes a step change into higher value specialties

Creation of a new and stronger Clariant with sales of approximately CHF 9 billion and an EBITDA margin of around 20 % in 2021

Intended transaction to combine Clariant’s Additives and high value Masterbatches with parts of SABIC’s Specialties business to form the Business Area High Performance Materials which will provide customers with significant benefits and strategic advantages
Remaining Plastics & Coatings business (Pigments, standard Masterbatches and Medical Specialties) to be divested by 2020
The new Clariant will benefit from an enhanced specialty portfolio, creating the basis to accelerate profitable growth and become a leading player in each of its Business Areas
Attractive prospects in Care Chemicals, Catalysis and Natural Resources with further improvements in margins
Clariant is a dedicated and strong partner providing innovative, specialized solutions for profitable growth and a sustainable tomorrow

ClearOne Opens Office in Dubai to Support Its Middle East Business

ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, today announced that it has opened an office in the Dubai region of the United Arab Emirates to provide enhanced support for its Middle East business. The office will provide local ClearOne sales & marketing support, with plans for additional services to regional partners and customers.


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