EBIT at DKSH’s Performance Materials BU increases by 54%
Last week, speciality chemicals distributor DKSH AG (Zurich, Switzerland) reported solid financial results for the first semester of 2016.
Driven by increased demand for specialty chemicals, net sales were CHF 434.2 mn, 12.3% above the same period in 2015 (+ 8.6% at constant exchange rates / “CER”). EBIT more that doubled to CHF 38.5 mn (+54.0% as reported, +45.6% at CER). DKSH said the strong performance with an EBIT-Margin of 8.9% was supported by all regions, with particularly strong growth seen in Japan.
For the whole group, a growth of 2.3% brought net sales to CHF 5.1 bn, exceeding the “5 billion mark” for the first time.
Source: DKSH press release & half year report
HGE / DCG – 22.07.2016