TITLE

Clariant reports improved operating margin in the first quarter 2008

PUB. DATE
May 2008
SOURCE
Chemical Business;May2008, Vol. 22 Issue 5, p66
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of specialty chemicals company Clariant for the first quarter of 2008. The company posted a 3% sales growth, with total sales amounting to 2.112 billion Swiss francs. The gross margin during the period declined slightly to 30.5% from 31.1% in the first quarter of 2007. Sales, General and Administration (SG&A) costs declined to 20.7% down from 21.8% in the same period a year ago, while the operating margin before exceptionals improved to 7.9% from last year's 7.1%.
ACCESSION #
33882728

 

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