AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR
- With its new purpose-led strategy,
Clariant is committed to creating shareholder value with an ambition to develop towards the top quartile performance versus specialty chemicals peers - New 2025 financial targets: compound annual sales growth of 4-6 %, Group EBITDA margin of 19-21 % and free cash flow conversion of around 40 %
- Profitable growth, significantly above GDP via sustainability-driven innovation, regional expansion and selective bolt-on acquisitions
- Confirmed non-financial targets to maintain leadership in sustainability: 40 % reduction in Scope 1 & 2 emissions and 14 % reduction in Scope 3 emissions by 2030
- Step-up in performance improvement programs by an additional CHF 60 million savings in continuing operations
MUTTENZ,
“Our new purpose: ‘Greater chemistry – between people and planet’, is at the core of everything we do. Our leading position in sustainability and our customer-centric and sustainability-focused innovation pipeline, position us well to become a true leader in specialty chemicals,” said
Above-market growth thanks to pipeline of sustainability-driven innovation projects and regional expansion
Sustainability and innovation are strategic growth drivers for
The company reaffirms its greenhouse gas emission reduction target of 40 % for Scope 1 & 2 emissions and a target of 14 % for Scope 3 emissions by 2030. As a consequence,
Following a phase of higher investments for projects like the sunliquid® second generation bio-ethanol plant, Clariant’s capital expenditure (capex) will revert to a range of CHF 280 to 320 million towards 2025 with a focus on growth and regional expansion in
New financial Group targets: Substantial increase in sales, Group EBITDA, and free cash flow conversion by 2025 to increase shareholder value – step-up in profitable growth and performance improvement programs
“Based on our transformed specialty portfolio with attractive market positions, the differentiated steering for sustainability, innovation driven growth, and the expansion of our performance programs, we have set new financial targets with a compound annual growth rate of 4-6 % and an EBITDA margin range of 19-21 % by 2025,” said
Growth will leverage the EBITDA margin improvement by around two thirds while efficiency improvements will contribute by approximately one third.
Please use the following link to register for the event: Registration Clariant CMD
CORPORATE MEDIA RELATIONS Phone +41 61 469 63 63 jochen.dubiel@clariant.com Phone +41 61 469 63 63 claudia.kamensky@clariant.com | INVESTOR RELATIONS Andreas Schwarzwälder Phone +41 61 469 63 73 andreas.schwarzwaelder@clariant.com Maria Ivek Phone +41 61 469 63 73 maria.ivek@clariant.com Phone +41 61 469 63 73 alexander.kamb@clariant.com |
Follow us on Twitter, Facebook, LinkedIn, Instagram. This media release contains certain statements that are neither reported financial results nor other historical information. This document also includes forward-looking statements. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors that are beyond Clariant’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors such as: the timing and strength of new product offerings; pricing strategies of competitors; the Company’s ability to continue to receive adequate products from its vendors on acceptable terms, or at all, and to continue to obtain sufficient financing to meet its liquidity needs; and changes in the political, social and regulatory framework in which the Company operates or in economic or technological trends or conditions, including currency fluctuations, inflation and consumer confidence, on a global, regional or national basis. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. www.clariant.com |
Attachment
- Clariant Media Release Capital Markets Day EN
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