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CLN — Clariant AG News Story

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Clariant reports Q2 profit above expectations

Clariant reports Q2 profit above expectations

- 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)

((marta.frackowiak@thomsonreuters.com))

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