Altana reports half-year results: Revenue and EBITDA grow with a focus on research and development
Altana announced solid half-year results, showing revenue growth to 1.7 billion euros (up 3.1%) and an EBITDA increase of 14.4% to 332 million euros. The company reaffirms its commitment by investing seven percent of its revenue in R&D, maintaining a globally balanced portfolio across America, Europe, and Asia.
Altana today published its half-year results, announcing both revenue growth and an increase in EBITDA. According to the figures, revenue in the first half of the year amounted to approximately 1.7 billion euros, representing an increase of 3.1% compared to the previous year. Furthermore, the adjusted profit (EBITDA) rose by a notable 14.4% to 332 million euros.
A central point of the communication was the company's strong commitment to research and development (R&D). Altana emphasized that it invests seven percent of its revenue annually in this area, which underscores the company's long-term strategy.
Although the USA represents the largest market for the company with one-fifth of the total revenue, Altana emphasized that the portfolio is globally balanced. The company's presence spans across America, Europe, and Asia, indicating geographical diversification.