AkzoNobel provides Q3 update following high macro-economic uncertainty
AkzoNobel provides a Q3 update as high macro-economic uncertainty – especially in Europe and China – led to near historical
Advertisements
Financial News
Evonik grows strongly in the first half of the year and confirms outlook for adjusted EBITDA for 2022
Adjusted EBITDA growth of 12 percent in Q2; Higher raw material, logistics and energy costs offset by product price increases;
Read more
LANXESS with good Q2 2022 despite challenging environment
Second-quarter sales up 36.1 percent to EUR 1.999 billion EBITDA pre exceptionals up 14.5 percent year-on-year at EUR 253 million
Read more
Covestro flags heightened gas supply risks, potential production cuts
Covestro says it expects an “increasingly challenging” second half of the year and anticipates Russia’s war against Ukraine will continue
Read more
Arkema publishes second-quarter 2022 results
Excellent quarterly results, confirming the soundness of our strategy toward Specialty Materials, and achieved in a very inflationary context.Annual guidance
Read more
Covestro reduced earnings outlook for 2022
Covestro reduces its forecast for EBITDA, free operating cash flow (FOCF), return on capital employed over weighted average cost of
Read more
PPG reports second quarter 2022 financial results
Record second quarter net sales of $4.7 billion, approximately 8% higher than prior year Organic sales growth of 8%, driven
Read more
BASF again with strong earnings despite continued high prices for raw materials and energy
Sales growth of 16.3 percent to €23.0 billion EBIT before special items of €2.3 billion on the level of prior-year quarter Net income
Read more
WACKER Raises Full-Year Forecast after Another Strong Quarter
Wacker Chemie AG continued on its growth trajectory in Q2 2022. The Munich-based chemical company generated sales of €2,174.2 million
Read more
Axalta Releases Second Quarter 2022 Results
Record pricing and strong volume growth drove a solid quarterly performance above mid-point of expectations Axalta Coating Systems Ltd. (NYSE:AXTA)
Read more
AkzoNobel revenue up 14% despite impact of lockdowns in China and destocking in EMEA DIY channels
Highlights Grow & Deliver (compared with Q2 2021) •Revenue up 14% and 10% higher in constant currencies1, pricing up 16%•ROS2 at
Read more
BASF Group releases preliminary figures for the second quarter of 2022
Sales expected to be €22,974 million (Q2 2021: €19,753 million), considerably above the prior-year quarter and above analyst consensus EBIT
Read more
AkzoNobel updates Q2 outlook based on impact of China lockdowns and slower start to the EMEA DIY season
AkzoNobel has updated its Q2 outlook based on the impact of the evolving business environment, including the effect of China
Read more
Covestro cuts full-year results outlook on high costs, lower growth
Group sales rise to EUR 4.7 billion (+41.6%) EBITDA of EUR 806 million (+8.5%) Net income amounting to EUR 416
Read more
Axalta Releases First Quarter 2022 Results
Robust Double-Digit Sales Growth Led by Accelerating Pricing Gains; Achieved Adjusted EBIT at the Top-End of Guidance Range Axalta Coating
Read more
Evonik signals earnings, revenue growth in first quarter; confirms 2022 outlook
Adjusted EBITDA up 25 percent at €735 million Higher costs successfully offset Inventories increased as a precaution Evonik’s successful start
Read more
AkzoNobel delivers double-digit revenue growth in Q1; pricing in line with raw material inflation
Highlights Grow & Deliver (compared with Q1 2021) •Revenue up 12% and 10% higher in constant currencies1, driven by strong
Read more
LANXESS: strong start into the year – first quarter 2022 expected to exceed market expectations
Sales expected to increase by 44 percent compared to prior-year quarter Expected sales of EUR 2.432 billion exceed average market
Read more
BASF Group releases preliminary figures for first quarter of 2022
Sales expected to be €23,083 million (Q1 2021: €19,400 million), considerably above the prior-year quarter and slightly above analyst consensus
Read more
LANXESS significantly increases sales and earnings in fiscal year 2021
Sales up 23.8 percent year-on-year at EUR 7.557 billion EBITDA pre exceptionals increase 17.2 percent to EUR 1.010 billion Dividend
Read more
Sustainable and profitable: Evonik keeps growing
Sales, adjusted EBITDA and free cash flow all increased more than 20 percent in 2021 compared with the previous year.
Read more
Evonik supports its customers to make more sustainable coatings and inks
New holistic sustainability strategy goes beyond Evonik’s product portfolio Evonik addresses seven handprint effects to benefit the entire value chain
Read more
Akzo Nobel publishes results for fourth quarter and full-year 2021
Highlights Q4 2021 (compared with Q4 2020) • Pricing up 12.5%; December pricing up 14% • Revenue up 9% and 7%
Read more
Axalta Releases Fourth Quarter and Full Year 2021 Results
Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the fourth quarter and
Read more
SONGWON releases preliminary financial results for 2021
SONGWON Industrial Group today released its preliminary, unaudited results for Q4 and the financial year ended December 31, 2021. For
Read more
The Sherwin-Williams Reports 2021 Year-End and Fourth Quarter Financial Results
The Sherwin-Williams Company announced its financial results for the year and fourth quarter ended December 31, 2021. All comparisons are to the
Read more
Dow posts sharp sales, earnings growth in fourth quarter despite volume declines
Dow posted fourth-quarter net income of $1.8 billion, up 40% year-on-year (YOY) as sharp price and margin gains in all
Read more
PPG Reports Fourth Quarter and Full-Year 2021 Financial Results
Record fourth quarter net sales of about $4.2 billion, about 12% higher than prior year Organic sales growth of nearly
Read more
BCF Information note on raw material prices November 2021
September showed a new surge in raw material prices affecting the paint and printing inks sector with manufacturers now coming
Read more
Arkema’s net profit to jump on higher prices, volumes | EBITDA beats estimates
Supported by accelerating demand for innovative, high-performance materials, in an environment marked by strong inflation of raw materials and supply
Read more