ALTANA AG acquires stake in technology startup SARALON GmbH
• ALTANA’s ELANTAS division and SARALON have entered into an innovation partnership in the growth market of printed electronics
• Products are already successfully in use
Half-year results: ALTANA again posts double-digit growth
• Sales 18 percent above previous year’s level
• EBITDA margin 17 percent in the first half year
• Further milestones achieved in innovation and climate protection
Leadership Change in ALTANA’s ELANTAS division
• At the end of the year, Dr. Guido Forstbach will hand over the worldwide leadership of the ELANTAS division to Ravindra Kumar
• Jan Behnke will become managing director of the U.S. company ELANTAS PDG
Half-year results: ALTANA posts double-digit growth
ALTANA achieved double-digit growth in the first half of 2021. In the first six months of the year, the specialty chemicals group’s sales rose by 24 percent to 1,334 million euros compared to the same period of the previous year (1,078 million euros), which was significantly influenced by the coronavirus pandemic.
2020 Results: ALTANA’s sales down only slightly, EBITDA exceeds previous year’s level
• Sales of 2,178 million euros, 3 percent below the previous year’s level
• ACTEGA division grows by 9 percent
• EBITDA increases by 2 percent to 426 million euros
• Research and development spending remains at a high level
• CO2 footprint reduced by 50 percent
• Forecast for 2021: growth in the course of economic recovery