Home / Knowledge / News / Textiles / Arkema posts marginal fall in Q2 sales
Arkema posts marginal fall in Q2 sales
01
Aug '13
The Board of Directors of Arkema met on July 31st 2013 to close the condensed consolidated accounts of Arkema for 1st half 2013.

Highlights:

- €1,629 million sales, 1.7% down at constant exchange rate and scope of business

- Volumes +3.5% up, mainly supported by Coating Solutions segment

- €273 million EBITDA and 16.8% EBITDA margin

High Performance Materials result significantly up versus 1st quarter 2013 but down versus high basis of comparison of 2012

Strong margin in Industrial Specialties despite adverse impact of weather conditions on fluorogases

Resilient performance of Coating Solutions but mixed results between the regions

- €112 million net income Group share, i.e. 7% of sales

At the end of the meeting, Thierry Le Hénaff, Chairman and CEO, stated: “In 2nd quarter, Arkema confirmed the strength of its results in a less favorable economic environment than last year which also shows strong disparities from one geographic region to another.

“Market conditions in Europe are challenging, in particular in France where growth prospects have deteriorated since the end of last year and where the Group continues to consider ways to improve its productivity.

“Nevertheless, the Group benefited from its balanced geographic presence worldwide, its growing footprint in North America, and its diversified end-markets and continued to benefit from its positioning in high added value specialty businesses. The Group actively reinforced its assets as shown by the capacity extension of its acrylic production capacities in North America in the 2nd quarter, and the construction of its Thiochemicals platform in Malaysia.”

Click here to view full results

Arkema


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search