|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.07 - 21.07|
|52 Week Range||18.67 - 25.50|
|Beta (5Y Monthly)||1.29|
|PE Ratio (TTM)||7.73|
|Forward Dividend & Yield||0.76 (3.59%)|
|Ex-Dividend Date||Jul. 02, 2021|
|1y Target Est||N/A|
Swiss speciality chemicals maker Clariant expects the rising raw material costs which have hit the sector to ease next year, it said on Tuesday, as it announced new 2025 goals which include a greater emphasis on China. It raised its profitability target for 2022-2025, and is now aiming for an earnings before interest, tax, depreciation and amortisation (EBITDA) margin of 19% to 21%, versus the 16% to 17% it said last month it was targeting for 2021. Supply shortages, along with higher energy prices, will likely increase the company's raw material bill by 15% this year, Chief Executive Conrad Keijzer said ahead of the company's investor day.
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 peersNew 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 acquisit
Good morning, ladies and gentlemen, and welcome to Avient Corporations Webcast to discuss the Company's Third Quarter 2021 Results. Today, we are reporting record third quarter results that continue to reflect the transformation of our portfolio as Avient demonstrate the impact of our key growth platforms.