Arkema: underlying earnings soar 44%.
(CercleFinance.com) - Arkema has published Q3 net underlying earnings that are up 44% at 158 million euros, or 2.
08 euros per share, with EBITDA up 17% at 355 million euros, meaning a margin of 17.6%, against 16.5% a year ago.
The chemist's turnover came in at 2,019 million euros, up 10%, for volumes of high performance materials that are up 8%, boosted by developments in the segments of adhesives, light materials and new energies.
Compte tenu des résultats réalisés sur les neuf premiers mois et de la saisonnalité traditionnelle de fin d'année, le groupe vise désormais pour l'année un EBITDA situé en haut de la fourchette annoncée en août de 1.310 à 1.350 millions d'euros.
Given traditional seasonal factors at the end of the year and 9m results, the group now targets FY EBITDA at the top of the range announced in August, i.e. 1,310 milion to 1,350 million euros.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
08 euros per share, with EBITDA up 17% at 355 million euros, meaning a margin of 17.6%, against 16.5% a year ago.
The chemist's turnover came in at 2,019 million euros, up 10%, for volumes of high performance materials that are up 8%, boosted by developments in the segments of adhesives, light materials and new energies.
Compte tenu des résultats réalisés sur les neuf premiers mois et de la saisonnalité traditionnelle de fin d'année, le groupe vise désormais pour l'année un EBITDA situé en haut de la fourchette annoncée en août de 1.310 à 1.350 millions d'euros.
Given traditional seasonal factors at the end of the year and 9m results, the group now targets FY EBITDA at the top of the range announced in August, i.e. 1,310 milion to 1,350 million euros.
Copyright (c) 2017 CercleFinance.com. All rights reserved.