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    DKSH   CH0126673539

DKSH HOLDING AG

(DKSH)
  Report
Delayed Swiss Exchange  -  11:31 2022-11-29 am EST
70.65 CHF   -2.62%
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DKSH : Opens Five new Innovation Centers in China for the Specialty Chemicals and Personal Care Industries

09/18/2022 | 10:10pm EST

Media release

DKSH Opens Five new Innovation Centers in China for the Specialty Chemicals and Personal Care Industries

DKSH further strengthens its Performance Materials business in China by opening five new innovation centers in Shanghai. The facilities, furnished with a range of high-end equipment and technology, are dedicated to the development and formulation of specialty chemical and personal care formulations and solutions.

Shanghai, China, September 19, 2022 - DKSH's Business Unit Performance Materials has opened five new innovation centers in Shanghai, China. Fully equipped with cutting-edge technology, the new state- of-the-art laboratories are supported by highly skilled technical specialists with extensive development and formulation experience. The centers cater to the following market segments:

  • Coatings & Inks - Specializing in general solutions and innovations for coating and ink applications
  • Construction - Specializing in solutions to enhance construction materials, such as inorganic board and concrete
  • Textiles - Providing direct support to key clients for enhanced commercial services
  • R&D - Specializing in idea generation and solutions, focusing on new product research and development, optimization of formulations and improvement of cost structure
  • Cosmetics - Specializing in solutions and formulations for color cosmetics, active, natural skin care, hair care, oral care, sun care, toiletry, and home care applications

With the new openings in Shanghai, DKSH expands its global network for formulation services to 52 innovation centers, providing a one-stop solution for its business partners around the world. The new investment supports the diligent and consistent implementation of DKSH's strategy for sustainable, profitable, and inclusive growth.

Carole Lin, General Manager, Business Unit Performance Materials, DKSH Greater China, stated: "We are very proud to open our new innovation centers in Shanghai, enabling us to further strengthen our service offering to our business partners and to gain further support their fast-evolving needs. The new innovation centers allow DKSH to stay on top of trends, develop successful solutions, and pioneer formulations. The labs will further strengthen DKSH's position as a strategic partner for specialty chemicals and personal care innovation."

About DKSH

DKSH's purpose is to enrich people's lives. For more than 150 years, we have been delivering growth for companies in Asia and beyond across our Business Units Healthcare, Consumer Goods, Performance Materials, and Technology. As a leading Market Expansion Services provider, we offer sourcing, market insights, marketing and sales, eCommerce, distribution, and logistics as well as after-sales services. DKSH is a participant of the United Nations Global Compact and adheres to its principles-based approach to responsible business. Listed on the SIX Swiss Exchange, DKSH operates in 36 markets with 33,100 specialists, generating net sales of CHF 11.1 billion in 2021. The DKSH Business Unit Performance Materials distributes specialty chemicals and ingredients for food, pharmaceutical, personal care, and various industrial applications. With 52 innovation centers and regulatory support worldwide, we create cutting -edge formulations that comply with local regulations. With around 1,370 specialists, the Business Unit generated net sales of CHF 1.3 billion in 2021. www.dksh.com/pm

For further information please contact:

DKSH (Shanghai) Ltd.

DKSH Performance Materials

Penny Gu

Daniel Hollister

Manager, Marketing & Communications

Director, Group Marketing

Phone +86 21 5058 8241

Phone +44 20 8879 5500

penny.gu@dksh.com

daniel.hollister@dksh.com

Disclaimer

DKSH Holding AG published this content on 19 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 September 2022 02:09:04 UTC.


ę Publicnow 2022
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Sales 2022 11 367 M 12 001 M 12 001 M
Net income 2022 212 M 224 M 224 M
Net cash 2022 48,9 M 51,6 M 51,6 M
P/E ratio 2022 22,4x
Yield 2022 2,91%
Capitalization 4 713 M 4 951 M 4 976 M
EV / Sales 2022 0,41x
EV / Sales 2023 0,38x
Nbr of Employees 31 160
Free-Float 49,3%
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Number of Analysts 5
Last Close Price 72,55 CHF
Average target price 82,00 CHF
Spread / Average Target 13,0%
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Managers and Directors
Stefan P. Butz Chief Executive Officer
Ido Wallach Chief Financial Officer
Marco Gadola Chairman
Sam Oh Chief Information Officer
Laurent Sigismondi Secretary, General Counsel & Head-Governance
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