Clariant reports Q2 profit above expectations
Clariant reports Q2 profit above expectations July 31 (Reuters) - Swiss speciality chemicals maker Clariant CLN.S reported a higher-than-expected adjusted second-quarter core profit on Friday, citing a strong performance from its Care Chemicals unit in a volatile operating environment.
Its adjusted earnings before interest, taxes, depreciation and amortisation rose 1.5% from a year ago to 171.1 million Swiss francs ($211.99 million), beating analysts' forecast of 152 million francs in a company-provided poll.
($1 = 0.8071 Swiss francs)
(Reporting by Marta Frąckowiak and Cian Muenster in Gdansk; Editing by Milla Nissi-Prussak)