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Two Blokes Apr 29 -
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AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR FIRST QUARTER | 2025 Q1 2025 sales increased by 1 % in local currencies 1 to CHF 1.013 billion, driven by organic growth in Care Chemicals and Adsorbents & Additives, supported by scope and slightly positive pricing Lucas Meyer Cosmetics by Clariant delivering strong operational performance with CHF 25 million in sales and a continued high level of profitability Q1 2025 EBITDA margin before exceptional items improved 70 basis points to 18.8 % from 18.1 % in Q1 2024, driven by strong profitability in all businesses, with reported EBITDA margin impacted by CHF 38 million restructuring charges Performance program of CHF 175 million completed on schedule with achievement of additional cost savings of CHF 5 million, implementation of additional Investor Day savings program of CHF 80 million underway Outlook 2025 confirmed under current conditions, with increased risk and uncertainty from potential impact of trade tensions and tariffs on global demand environment; medium-term targets confirmed Planned succession in CFO position: Bill Collins will retire; Oliver Rittgen appointed CFO as of 1 August “We have made a good start to the year in the first quarter of 2025, with growth in Care Chemicals and Adsorbents & Additives offsetting the expected seasonal decline in Catalysts.
