Picture of Clariant AG logo

CLN — Clariant AG News Story

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

Clariant seen down after Q3 earnings miss

BUZZ-Clariant seen down after Q3 earnings miss

** Shares in Swiss chemicals company Clariant CLN.S are seen down around 4% in pre-market trade after third-quarter earnings missed expectations

** Adjusted EBITDA fell 6.5% year-on-year to 151.5 million Swiss francs ($185 million), below analysts' forecast of 159 million francs in a company-provided poll

** "Weak end markets resulted in another soft quarter for Clariant," Sibylle Bischofberger from Vontobel says

** Up to the previous session's close, shares were up 45.8%​ YTD



(Reporting by Cian Muenster and Marta Frąckowiak)

((Cian.muenster@thomsonreuters.com))

Recent news on Clariant AG

See all news