Clariant Ltd

Latest Results (04.10.2025):

In the second quarter of 2025, Clariant Ltd demonstrated improved profitability despite a challenging market environment. Sales remained flat in local currency, affected by significant foreign exchange translation impacts, while EBITDA before exceptional items increased by 200 basis points to 17.5%, driven by strong performance in the Catalysts and Adsorbents & Additives segments. The first half of 2025 also showcased strong cash flow and sustained profitability.

Sales Performance

Clariant Ltd reported flat sales in local currency for Q2 2025, with a significant 8% negative impact from foreign exchange translations. Organic sales were flat, with a 1% contribution from scope additions and a 5% decline due to currency effects.

EBITDA Improvement

The company's EBITDA before exceptional items increased by 200 basis points from 15.5% to 17.5% in Q2 2025, primarily driven by the Catalysts and Adsorbents & Additives business units. This improvement was supported by disciplined capital expenditures and enhanced operating cash flow.

Operational and Sustainability Highlights

Clariant Ltd achieved strong safety performance with zero accidents in April and May. The company also advanced its sustainability initiatives, including increased GHG emission reduction targets approved by SBTi and successful rollout of the CLARITY program across 185+ plants in 35 countries.

Cash Flow and Guidance

The first half of 2025 saw strong free cash flow conversion of 37%, with EBITDAb.e.i.1 maintaining profitability at 17-18%. For the full year 2025, Clariant expects growth of 1-3%, reflecting a continued weak industrial production outlook.