Alzchem Group AG reports positive business development in the first half of 2023

Alzchem Group AG reports positive business development in the first half of 2023

EQS-Information: Alzchem Group AG

/ Essential phrase(s): Fifty percent Calendar year Report

Alzchem Team AG reports positive small business growth in the to start with 50 % of 2023

03.08.2023 / 07:00 CET/CEST
The issuer is only liable for the material of this announcement.

Alzchem Group AG studies constructive small business improvement in the first fifty percent of 2023

  • Income raise by 3% to EUR 277. million
  • EBITDA grows by 5% to EUR 36.8 million
  • Solid free dollars move of EUR 31.3 million
  • Forecast confirmed: for the complete 12 months, sales predicted to be at the decreased conclusion of the variety, EBITDA at the upper conclude of the range

Trostberg, August 3, 2023 – Alzchem Group AG, a vertically integrated specialty chemical substances provider with a major industry place in chosen specialized niche markets, effectively decoupled itself from the normal craze in the chemical marketplace in the initially 50 percent of 2023. At EUR 277. million, Group income improved by 3% as opposed to the prior-12 months time period, in which EUR 269.8 million was generated.

The Specialty Chemical substances segment all over again proved to be a growth driver, with product sales rising by 12% from EUR 141.5 million to EUR 159. million. This was due in specific to bigger rates than in the earlier yr, but also to quantity development in personal products places, though the phase as a entire recorded a slight decrease in volumes. The Creapure® capacities, which ended up only expanded in the preceding yr, are staying closely utilized as the dietary nutritional supplements products location is encountering higher desire. For this cause, a further expansion is at this time getting applied so that additional capacities will be out there as early as the fourth quarter of 2023.

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