Strong investments in research and development, digitalization, and locations worldwide Sales decline by 4 percent to 1,154 million euros EBITDA margin reaches 19.2 percent Forecast for the year as a whole: sales roughly at previous year’s level The specialty chemicals group ALTANA did not reach the strong level of the previous year in the first half of 2019. Due to continued sluggish demand in key … Continue reading Half-year results: ALTANA below the strong level of the previous year in a challenging environment

Second Quarter 2019 Highlights On July 1, 2019, Hexion emerged from Chapter 11, successfully completed its balance sheet de-leveraging and reduced total consolidated debt by more than $2.0 billion Net sales of $892 million, a 10% decrease versus prior year Net loss of $107 million, which included $156 million of reorganization expenses Segment EBITDA of $112 million, a 13% decrease versus prior year “We are … Continue reading Hexion Inc. to Announce Second Quarter 2019 Results

GROUP SALES FOR Q2 2019 COME IN AT €1.27 BILLION, DOWN 5 PERCENT YEAR OVER YEAR, BUT UP 3 PERCENT QUARTER OVER QUARTER SLOWED BY MARKEDLY WEAKER POLYSILICON PRICES, DECREASED STANDARD-SILICONE PRICES AND HIGHER ENERGY COSTS, EBITDA TOTALS €211 MILLION, 19 PERCENT BELOW A YEAR AGO, BUT 48 PERCENT ABOVE THE PRIOR QUARTER NET INCOME FOR Q2 2019 AMOUNTS TO €37 MILLION NET CASH FLOW … Continue reading Solid Chemical Business and a Challenging Solar Market Shape WACKER’s Q2 Sales and Earnings

At EUR 1.810 billion, sales down only slightly year-on-year At EUR 286 million, EBITDA pre exceptionals almost at the prior year’s strong level EBITDA margin pre exceptionals remains stable at 15.8 percent Net income increased to EUR 100 million Share buy-back complete – shares cancelled Guidance for full year 2019 confirmed: EBITDA pre exceptionals of between EUR 1.000 billion and EUR 1.050 billion Specialty chemicals … Continue reading LANXESS to remain on track after a stable second quarter: EUR 1.810 billion, sales down only slightly year-on-year

Sales close to last year’s level at €2,254 million (€2,270 million in 2Q’18) Resilient EBITDA at €407 million, compared with the record performance of second-quarter 2018 (€430 million) in a more challenging macroeconomic environment Very solid EBITDA margin of 18.1% Adjusted net income of €192 million, representing 8.5% of sales Very strong cash generation, with free cash flow increasing to €90 million (€41 million in 2Q’18) Net debt at €1,308 million including the €190 million dividend payment, representing 0.9 times EBITDA of the last 12 months. €400 … Continue reading Arkema to announce second-quarter 2019 results

Axalta Coating Systems Ltd. (NYSE: AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the second quarter ended June 30, 2019. Second Quarter 2019 Consolidated Financial Results Second quarter net sales of $1,157.5 million decreased 4.5% year-over-year, including 3.5% negative foreign currency impacts and 0.9% net negative M&A impact including the sale of an interest in a consolidated powder coatings JV in China.  … Continue reading Axalta to Release Second Quarter 2019 Results

Entire Masterbatches and Pigments to be disposed, reclassified to discontinued operations Sales from continuing operations grew by 4 % in local currency to CHF 2.229 billion Continuing operations EBITDA before exceptional items softened by 2 % in Swiss francs to CHF 355 million with a 15.9 % EBITDA margin One-off CHF 231 million provision for an ongoing competition law investigation by the European Commission Post-provision … Continue reading Clariant to grow sales and operating cash flow in the first half year 2019

Sales of €15.2 billion (minus 4%) EBITDA before special items of €2 billion (minus 27%) EBIT before special items of €1 billion (minus 47%) Net income of €6.5 billion resulting from deconsolidation of Wintershall (plus €5 billion compared with second quarter 2018) Brudermüller: “BASF is implementing strategic growth initiatives rapidly, thoroughly and rigorously.” The macroeconomic environment became challenging for BASF in the second quarter of 2019. “There is currently high uncertainty, low visibility and poor predictability,” said … Continue reading BASF Group sales slightly lower in second quarter; EBIT before special items considerably below prior-year quarter

Consolidated Revenue from operations for the Quarter increases by 16.6 % Consolidated Net Profit for the Quarter up by 17.9 % Standalone Revenue from operations for the Quarter increases by 18.2 % Standalone Net Profit for the Quarter up by 20.5 % In the International operations, key units like Egypt and Sri Lanka continued to witness challenging business conditions impacting the overall performance. Both the … Continue reading Asian Paints Standalone Revenue from Operations for the Quarter to Increase by 18.2%

Core volumes up slightly (+1.1%) / Group sales total around EUR 3.2 billion (–16.9%) / EBITDA at EUR 459 million as expected (–53.4%) / Net income drops to EUR 189 million (–68.7%) / Free operating cash flow at minus EUR 55 million / Q3 EBITDA of around EUR 410 million expected Based on the results of the first half of 2019, Covestro has confirmed its … Continue reading Covestro to publish second quarter of 2019: Solid core volume growth in a difficult environment

Adjusted operating income1 36% higher at €305 million (2018: €225 million) ROS, excluding unallocated costs,2 increased to 13.7% (2018: 12.1%) Focus on value over volume resulted in price/mix up 5% and 6% lower volumes Transformation on track and delivered €43 million cost savings Acquisition of Mapaero, announced July 18, 2019, further strengthens our aerospace coatings business Q2 2019: Revenue was flat and up 1% in constant currencies, … Continue reading Akzo Nobel to publish results for second quarter 2019: progress towards 15 by 20 strategy, with adjusted operating income up 36%

Net sales of $4 billion, which is nearly 3% lower versus prior year; up about 1% in constant currencies Reported earnings per diluted share from continuing operations of $1.13 and adjusted earnings per diluted share from continuing operations of $1.85 Continued operating margin recovery driven by further selling price realization and cost management Improvement in operating cash flow of about $350 million year-to-date; continued strong … Continue reading PPG to Report Second Quarter 2019 Financial Results: Net sales of $4 billion, 3% lower versus prior year

BASF will publish Half-Year Financial Report 2019 on July 25, 2019, at 07:00 a.m. (CEST). The results will be presented in a conference call that will be transmitted via the internet from 09:00 a.m. On July 25, 2019, you can obtain further information from the internet at the following addresses: Half-Year Financial Report (from 07:00 a.m. CEST) basf.com/halfyearfinancialreport (English) basf.com/halbjahresfinanzbericht (German) News Release (from 07:00 a.m. CEST) basf.com/pressrelease (English) … Continue reading BASF to publish Half-Year Financial Report 2019 on July 25, 2019

EBIT before special items expected to be €1.0 billion (down 47% compared with the second quarter of 2018) Significantly weaker-than-expected industrial production weighs on volumes and margin development at BASF; weak development of the agricultural sector in North America an additional burden EBIT expected to be €0.5 billion (down 71% compared with the second quarter of 2018) Net income expected to be €6.5 billion due … Continue reading BASF Group: EBIT before special items in Q2 2019 down 47%; outlook for full year 2019 30% lowered

  Sales on previous-year level at EUR 1.822 billion EBITDA pre exceptionals up 1.9 percent to EUR 275 million EBITDA margin pre exceptionals rises to 15.1 percent Net income up 3.7 percent year-on-year at EUR 84 million Stock buy-back: Until May 10, 2019, EUR 176 million of the EUR 200 million utilized Forecast for the full year: EBITDA pre exceptionals between EUR 1.000 billion and … Continue reading Stable business development in the first quarter of 2019 despite economic downturn by LANXESS

Sales grow 1 percent to €3.29 billion Adjusted EBITDA declines slightly to €539 million Free cash flow improves significantly to €159 million Outlook for 2019 revised upwards: adjusted EBITDA at least stable Evonik made a solid start to the new year. Sales in the first quarter rose 1 percent to €3.29 billion compared to the prior-year quarter. Adjusted EBITDA declined 3 percent to €539 million. … Continue reading Evonik to announce First Quarter 2019 sales: Sales in the first quarter rose 1 percent to €3.29 billion compared to the prior-year quarter

First Quarter 2019: Sales of €16.2 billion (plus 3%) EBIT before special items of €1.7 billion (minus 24%) Earnings decline primarily due to lower contributions from Materials and Chemicals segments Strong earnings development in Agricultural Solutions segment Outlook for 2019 confirmed: Slight sales growth Slight year-on-year increase in EBIT before special items “In the first quarter of 2019, BASF Group sales rose by 3% year on year to €16.2 billion,” said … Continue reading BASF to announce First Quarter 2019 sales: increasing sales, earnings below prior-year quarter, in line with expectations

Sales increased by 2 % in local currency to CHF 1.715 billion EBITDA after exceptional items was CHF 236 million EBITDA margin after exceptional items was 13.8 % Outlook reiterated: above-market growth, higher profitability and stronger cash generation “In the first three months of this year, Clariant delivered continued organic sales growth despite the challenging macroeconomic environment,” said Ernesto Occhiello, CEO of Clariant. “Our focus … Continue reading Clariant to announce First Quarter 2019 sales: A slow start in Plastic & Coatings

GROUP SALES FOR Q1 2019 REACH €1.24 BILLION, UP 2 PERCENT YEAR OVER YEAR AND 4 PERCENT QUARTER OVER QUARTER AT €142 MILLION, EBITDA DECLINES 44 PERCENT VERSUS A YEAR AGO AND 18 PERCENT QUARTER OVER QUARTER, SLOWED BY LOWER POLYSILICON PRICES, HIGHER ENERGY COSTS AND A TEMPORARY OUTAGE AT A SILICONE-RUBBER PLANT NET RESULT FOR Q1 2019 AMOUNTS TO €-6 MILLION AT €-135 MILLION, … Continue reading WACKER to Lift Its Sales in Q1 2019 and to Confirm Full-Year Forecast

First Quarter 2019 Highlights: Net sales of $1,119.3 million decreased 4.5% year-over-year including 4.8% negative foreign currency impacts; positive price-product mix contribution of 2.1% including increases from both segments Income from operations of $98.6 million decreased 17.8% year-over-year; Adjusted EBIT of $143.9 million compared with $158.6 million in Q1 2018 Diluted EPS of $0.18 decreased 35.7% from $0.28 in Q1 2018; Adjusted EPS of $0.34 … Continue reading Axalta to Release 2019 First Quarter Results

Net sales of approximately $3.6 billion; flat versus prior year in constant currencies Reported earnings per diluted share from continuing operations of $1.31 and adjusted earnings per diluted share from continuing operations of $1.38 Continued operating margin recovery year-over-year driven by further selling price realization and cost management Completed acquisitions of Whitford and Hemmelrath PPG (NYSE:PPG) today reported first quarter 2019 net sales of approximately … Continue reading PPG to Report First Quarter 2019 Financial Results: Net sales of approximately $3.6 billion, down about 4 percent versus the prior year

Sales grow 10.2 percent year-on-year to EUR 7.197 billion EBITDA pre exceptionals increases 9.8 percent to EUR 1.016 billion EBITDA margin pre exceptionals at 14.1 percent Net income increased significantly to EUR 431 million Dividend proposal of EUR 0.90 – up 12.5 percent on previous year Forecast for fiscal year 2019: EBITDA pre exceptionals around prior-year level Specialty chemicals company LANXESS closed its fiscal year … Continue reading LANXESS achieves strong result in 2018 and makes a solid start to the new fiscal year

The dedicated site includes the company’s financial results and detailed business analysis. Several case studies also feature prominently, focusing on some of the biggest success stories. In his CEO statement, Thierry Vanlancker talks about the progress made during 2018: “We continued to build the company into an industry leader” he says. “Our goal is clear – to be recognized as the reference in our industry.” Full … Continue reading AkzoNobel to launch its digital Report 2018, including the company’s financial results and detailed business analysis

AkzoNobel (AKZA; AKZOY) has repurchased 796,840 of its own ordinary shares in the period from February 25, 2019 up to and including March 1, 2019, at an average price of €79.69 per share. The consideration of the repurchase was €63.5 million. This is part of a repurchase program announced on February 13, 2019. AkzoNobel intends to repurchase common shares up to a value of €2.5 … Continue reading AkzoNobel share buyback (February 25, 2019 – March 1, 2019)

Key messages Hempel continues its industrial transformation in 2018 and delivers robust performance with growth and continued strong profitability Hempel takes a leading role in the consolidation of the global coatings industry with the acquisition of J.W. Ostendorf Negative organic growth of 1.4% considered satisfactory when taking into account the challenging global market conditions Hempel has released EUR 166 million in net working capital improvements … Continue reading Positive development for Hempel in 2018: Industrial transformation to continue unabated in 2019

Sales of €62.7 billion (plus 2%) EBIT before special items of €6.4 billion (minus 17%) Cash flows from operating activities of €7.9 billion (minus 10%) Free cash flow €4 billion Proposed dividend of €3.20 for 2018 financial year (2017: €3.10)  Outlook 2019: Slight sales growth expected, mainly from higher sales volumes and portfolio effects EBIT before special items slightly above 2018 level anticipated BASF generated sales of €62.7 billion last year. This … Continue reading BASF posts slight increase in 2018 sales and decline in earnings due mainly to lower contributions from Chemicals