Altana further expands its business in 2011

Sales 5% up on the previous year

Specialty chemicals group Altana has increased sales by 5% in the past year, with sales climbing to €1.61m. Adjusted for exchange rate as well as acquisition effects, the operating sales growth was also 5%.

Looking at individual sectors the Eckhart Effect Pigments Division was the only division, however, that was not able to achieve a sales increase in the past year. At €347m, the division’s sales were 3% down on the previous year.

Meanwhile the highest percentage growth in sales was achieved by the coatings and sealants division which saw a 14% growth of sales to €297m.

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Eckart (more information, website)