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Altana reports semi-annual results: Sales increase by 3.1%, focus on research and development

Economy
Altana reports semi-annual results: Sales increase by 3.1%, focus on research and development

Altana announced semi-annual results showing sales up 3.1% to 1.7 billion euros and Ebitda increasing by 14.4% to 332 million euros. The company remains committed to innovation, reinvesting seven percent of revenue into R&D. Its business strength is supported by a balanced global distribution across the Americas, Europe, and Asia.

Altana has published its semi-annual results, highlighting both sales growth and a strong development in the adjusted result (Ebitda). According to the figures, sales in the first half of the year amounted to approximately 1.7 billion euros, which represents an increase of 3.1% compared to the previous year. Furthermore, the adjusted result (Ebitda) rose by 14.4% to 332 million euros.

A central component of the company's strategy, as Altana emphasizes, is the continuous investment in research and development (R&D). The company invests seven percent of its revenue annually in this area, underscoring its commitment to innovation.

These growth figures are supported by a globally oriented market environment. The business portfolio benefits from a balanced global distribution across the Americas, Europe, and Asia, with the USA accounting for a significant share, specifically one-fifth of the company's total revenue.

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Altana reports semi-annual results: Sales increase by 3.1%, focus on research and development — News Hub