Clariant sells Venezuelan business
19/12/2025 06:21
Dec 19 (Reuters) - Clariant CLN.S has sold its business in Venezuela to CMV Quimica for around 1.4 million Swiss francs ($1.76 million), the specialty chemicals maker said in a statement on Friday. It said that following the divestment, a 236 million francs cumulative translation adjustment (CTA) will be recycled through the income statement within the financial result. It will have no impact on the Swiss firm's cash flow statement but will reduce reported net profit and reported earnings per share (EPS) for 2025, it added. ($1 = 0.7947 Swiss francs) (Reporting by Paolo Laudani in Gdansk, editing by John Revill) ((Paolo.Laudani@thomsonreuters.com;))