Clariant AG : Clariant Capital Markets Day focuses on further value creation
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Clariant AG : Clariant Capital Markets Day focuses on further value creation
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* Profitable growth based on a well-positioned portfolio
* Mid-term targets 2015 confirmed
Muttenz, June 28, 2013 - Clariant, a world leader in Specialty Chemicals,
provided an update on its strategy to reach the mid-term targets 2015 on the
occasion of its annual Capital Markets Day today. The focus of the event was on
growth and innovation, substantiated by an insight into recent developments in
Crop Care, Personal Care and Oil & Mining Services.
With the integration of the growth businesses Catalysis & Energy and Functional
Minerals and the planned divestment of five low growth, low profitability
businesses, Clariant's adjusted portfolio has a high exposure to markets with
future perspectives and strong growth rates. In those markets, the company has
competitive positions and a superior pricing power. This is reflected in a
significantly higher earnings quality.
In order to create further value, investments into R&D and innovation have been
constantly increased. Clariant showcased some of the most recent successes in
the development of its product pipeline, such as its crop care adjuvant
Synergen(®) or its de-emulsifier Phasetreat(®), an award-winning product in oil
services.
"The investments into R&D of the last two years are now becoming visible. The
innovation pipeline is constantly growing and currently has a sales potential of
more than 1 billion Swiss francs by 2017", CEO Hariolf Kottmann said. "Combining
Clariant's innovation strength with a clear focus on customers and markets, we
will be in an even better position to exploit the potential of our R&D
pipeline."
For the remainder of the current business year, Clariant will focus on
accelerating top-line growth, finalizing the portfolio measures as well as
maintaining a high cost discipline. "While we expect the economic environment to
remain difficult, Clariant has a sound financial basis for executing the
profitable growth strategy that will lead to an increase in local currency sales
and a higher EBITDA margin in 2013", CFO Patrick Jany said.
CEO Kottmann reconfirmed the 2015 targets of an EBITDA margin before
exceptionals above 17% and a return on invested capital (ROIC) above peer group
average. Beyond 2015, the company strives for continuity, reflected in an above
GDP top-line growth and a sustained high profitability.
CORPORATE MEDIA RELATIONS INVESTOR RELATIONS
Kai Rolker Ulrich Steiner
Phone +41 61 469 63 63 Phone +41 61 469 67 45
kai.rolker(at)clariant.com ulrich.steiner(at)clariant.com
Stefanie Nehlsen Siegfried Schwirzer
Phone +41 61 469 63 63 Phone +41 61 469 67 49
stefanie.nehlsen(at)clariant.com siegfried.schwirzer(at)clariant.com
Press release english:
http://hugin.info/100166/R/1712622/568336.pdf
Press release deutsch:
http://hugin.info/100166/R/1712622/568337.pdf
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Source: Clariant AG via Thomson Reuters ONE
[HUG#1712622]
Unternehmensinformation / Kurzprofil:
Datum: 28.06.2013 - 07:00 Uhr
Sprache: Deutsch
News-ID 274226
Anzahl Zeichen: 4091
contact information:
Town:
Muttenz 1
Kategorie:
Business News
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