October 30, 2019 / 6:22 AM / a month ago

Clariant 3Q profit and sales fall as economic climate worsens

ZURICH, Oct 30 (Reuters) - Switzerland’s Clariant on Wednesday reported weaker-than-expected earnings and sales during its third quarter, saying it was seeing a worsening economic climate.

Sales fell by 1% to 1.043 billion Swiss francs ($1.05 billion), missing analyst forecasts of 1.06 billion francs, according to Refinitiv data.

Earnings before interest, tax, depreciation and amortisation also fell by 1% to 169 million francs, missing expectations for 178 million francs.

$1 = 0.9931 Swiss francs Reporting by John Revill Editing by Tassilo Hummel

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below