• €1,478 million sales
• €203 million EBITDA (€233 million in 3Q’13)
• €63 million adjusted net income
• Strict control of net debt with gearing of around 40%
• 2014 outlook confirmed
Quote of Thierry Le Hénaff
“In 3rd quarter, the Group delivered a solid performance with an EBITDA margin close to 14%, demonstrating good resilience in overall contrasted market conditions. The High Performance Materials and Industrial Specialties segments, with 16% EBITDA margins, benefit from good volumes in the United States. The Coating Solutions segment was affected by lower acrylic margins which are currently close to low cycle.
With the announcement of the project to acquire Bostik, the finalization of the construction of the Thiochemicals platform in Malaysia, and the acquisition from Jurong of a 160,000 tonnes acrylic acid production line, Arkema is completing a major investment phase. 2015 and subsequent years will benefit from these various projects. The Group thus enters a new phase of profitable growth with strong and regular cash generation.”