Clariant Ltd
CLN
ISIN CH0012142631 / Valor 1214263
Clariant Ltd
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About company
Clariant Ltd is a global specialty chemicals company that focuses on meeting specific needs through its portfolio of products. The company's research and development efforts are geared towards addressing key trends such as energy efficiency, renewable raw materials, emission-free mobility, and resource conservation. Clariant operates in three main business units: Care Chemicals, Adsorbents & Additives, and Catalysts. As of December 31, 2023, the company employed a total workforce of 10,481 employees.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (14.08.2024):
Sales Performance
Clariant Ltd reported sales of CHF 2,070 million for the first half of 2024, reflecting a 7% decrease compared to CHF 2,284 million in the same period of 2023. The decline was attributed to a 5% reduction in organic growth and a 2% impact from acquisitions and divestitures, as well as currency effects.
Gross Profit and EBITDA
For the first half of 2024, Clariant Ltd achieved a gross profit of CHF 636 million, representing 30.7% of sales, up from 26.6% in the first half of 2023. The EBITDA before exceptional items increased to CHF 348 million, or 16.8% of sales, compared to CHF 319 million, or 14.0% of sales, in the previous year.
Net Result
Clariant Ltd's net result from continuing operations for the first half of 2024 was CHF 176 million, which is 8.5% of sales. This is a decrease from CHF 230 million, or 10.1% of sales, reported in the first half of 2023. Basic earnings per share from continuing operations were CHF 0.48.
Operating Income
The operating income before exceptional items for Clariant Ltd in the first half of 2024 was CHF 229 million, representing 11.1% of sales. This is an improvement from CHF 199 million, or 8.7% of sales, in the first half of 2023, indicating better operational efficiency.
Cash Flow and Investments
Clariant Ltd generated a net operating cash flow of CHF 112 million in the first half of 2024, compared to CHF 78 million in the same period of 2023. The company made significant investments, including CHF 731 million for business combinations, which impacted the net cash used in investing activities.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3645 M
Market cap (USD)
659,458
Daily traded volume (Shares)
9.99 / 9.795
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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