Clariant’s profits climb back into the black

06/05/2004

The Swiss specialty chemicals company, Clariant, has posted first quarter 2004 net profits of SFr72 million ($56.4 million), compared with a loss of SFr8 million ($6.3 million) in the same period 2003.

The company which is headquartered in Muttenz near Basel also reported a 6% increase in first quarter sales to SFr2.2 billion. Sales were up in all five divisions and were particularly strong in Asia and the US, rising 12% and 11% respectively.

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Clariant’s profits climb back into the black