Thursday, 5 November 2009

Clariant reports Q3 improvements but still far from sustainable recovery

• Sales in Q3 down 14% in local currency and 19% in CHF

• Operating income before exceptional items decreased to CHF 107 million from CHF 178 million in the third quarter 2008, but improved from CHF 69 million in the second quarter 2009

• Cash flow from operations improved to CHF 193 million from CHF 147 million in the previous-year period

• Net debt reduced to CHF 751 million from CHF 1 209 million at year-end 2008

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