Picture of Clariant AG logo

CLN — Clariant AG News Story

0.000.00%
ch flag iconLast trade - 00:00
Basic MaterialsAdventurousLarge CapNeutral

Clariant rides on cost cuts to maintain annual targets amid weak demand

Oct 30 (Reuters) - Swiss specialty chemicals maker Clariant CLN.S maintained its annual targets on Thursday as cost cuts helped offset pressure from weak demand and customer uncertainty caused by global trade friction.

Clariant confirmed both its full-year and medium-term targets. The company increased its third-quarter core profit margin before exceptional items to 17.9%, above a company-provided consensus estimate of 16.2%.

 (Reporting by Maria Rugamer; Editing by Subhranshu Sahu)

 ((maria.rugamer@thomsonreuters.com;))

Recent news on Clariant AG

See all news