TITLE

Sell-off plans aid Clariant stock

AUTHOR(S)
Gibson, Jane
PUB. DATE
November 2006
SOURCE
ICIS Chemical Business;11/13/2006, Vol. 1 Issue 43, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of Clariant in the third quarter of 2006. Operational improvements and plans to sell its loss-making custom manufacturing business boosted Clariant's performance on the stock market, despite a 61% drop in third-quarter year-on-year operating profits. The business took a 179 million Swiss francs hit in one-off charges related to its life sciences and leather businesses, bringing operating income down to 48 million Swiss francs.
ACCESSION #
23194732

 

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