AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR
Clariant committed to creating shareholder value as a top quartile specialty chemical company
Differentiated segment steering and adoption of strategic mandates to drive above-market growth
In an ad hoc announcement pursuant to Art. 53 LR, Clariant has shared its commitment to creating shareholder value as a top quartile specialty chemical company. The company is focused on differentiated segment steering and adoption of strategic mandates to drive above-market growth. Clariant aims to achieve this through innovation arenas, which are expected to deliver approximately 70% of profitable growth, with an innovation rate expected to reach around 20% by 2027.
The company has also reinforced its medium-term financial targets, setting goals to achieve compound annual sales growth of 4-6% in local currency, EBITDA margin of 19-21%, and free cash flow conversion of around 40% by 2027 at the latest. Clariant is also working towards margin improvement through new self-help actions that will result in approximately CHF 80 million in run-rate savings by 2027.
Additionally, Clariant has upgraded its 2030 non-financial targets, including increased greenhouse gas emission reduction targets in line with the SBTi 1.5°C scenario. The company is focused on building a foundation for profitable growth by streamlining its portfolio, implementing a customer-centric operating model, and enhancing operational efficiency.
How will this affect me?
As a shareholder or investor, Clariant’s commitment to creating shareholder value and strategic growth initiatives could potentially lead to increased returns on investment. The company’s focus on innovation and operational efficiency may result in a stronger financial performance, which could positively impact stock prices and dividends.
How will this affect the world?
Clariant’s emphasis on reducing greenhouse gas emissions and adopting sustainable practices aligns with global efforts to combat climate change. By setting and achieving ambitious targets for emission reduction, the company is contributing to a more sustainable future for the planet. Additionally, Clariant’s commitment to innovation and growth in the specialty chemical industry may drive advancements in technology and products that benefit society as a whole.
Conclusion
Clariant’s recent announcement highlights its dedication to creating shareholder value, driving above-market growth, and achieving sustainable practices. Through innovation, strategic mandates, and financial targets, the company is positioning itself as a top quartile specialty chemical company with a focus on profitability and environmental responsibility.
