India, April 29 -- Clariant AG (CLZNY.PK,CLZNF.PK), a Swiss speciality chemical company, on Tuesday reported a decline in EBITDA for the first quarter, due to CHF 38 million of restructuring charges. However, sales remained almost flat.
For the first quarter, the company reported EBITDA of CHF 152 million, lesser than CHF 173 million, recorded for the same period last year. Excluding items, EBITDA improved to CHF 190 million from CHF 184 million in the previous year. EBITDA margin was 15 percent, lower than 17.1 percent in 2024.
The Group recorded sales of CHF 1.013 billion, compared with last year's CHF 1.014 billion.
In addition, Clariant has announced that its Chief Financial Officer Bill Collins has decided to retire. As part of the ...