Citation
(2008), "Strong performance in all divisions", Pigment & Resin Technology, Vol. 37 No. 2. https://doi.org/10.1108/prt.2008.12937bab.011
Publisher
:Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited
Strong performance in all divisions
Article Type: Industry news From: Pigment
All four divisions contributed to the positive growth in sales and earnings.
The BYK Additives & Instruments division posted an increase of 7 percent on the prior-year's period, with sales rising from e316.8 to 340.4 million. EBITDA also increased by 7 percent, from e95.8 to 102.4 million.
Sales of ECKART Effect Pigments climbed from e254.6 to 274.9 million, corresponding to an increase of 8 percent EBITDA improved significantly by 25 percent, climbing from e53.0 to 66.1 million.
ELANTAS Electrical Insulation's sales went up from e245.7 million in the prior-year's period to e267.5 million; this translates into an increase of 9 percent. EBITDA was up from e33.7 to 40.3 million, an increase of 20 percent.
The ACTEGA Coatings & Sealants division achieved an increase of about 2 percent, with sales growing from e168.2 to 171.0 million. At 11 percent, EBITDA grew significantly stronger from e18.0 to 20.0 million.