07.14.22
Abelstraße 43
46483 Wesel, Germany
Tel: +49 281 670-8
www.altana.com
E-mail: info@altana.com
Sales: More than $390 million in printing ink and graphic arts coatings sales (Ink World estimate); €€2.667 billion overall.
Major Products: Metallic inks and pigments; UV and water-based inks and coatings.
Key Personnel: Martin Babilas, CEO; Stefan Genten, member of the Management Board; Dr. Christoph Schlünken, member of the Management Board; Dr. Tammo Boinowitz, president Division BYK, chairman of the Management Board BYK-Chemie GmbH; Dr. Christian Przybyla, president Division ECKART, chairman of the Management Board ECKART GmbH; Dr. Guido Forstbach, president Division ELANTAS, chairman of the Management Board ELANTAS GmbH; Thorsten Kröller, president Division ACTEGA, chairman of the Management Board ACTEGA GmbH.
Number of Employees: 6,731 as of Dec. 31, 2021.
Comments: A global leader in specialty chemicals, ALTANA AG consists of four divisions: BYK, ECKART, ELANTAS and ACTEGA. In terms of ink and graphic arts, ECKART is an industry leader in metallic inks and pigments, and ACTEGA has a strong presence in packaging inks, overprint varnishes and coatings.
ALTANA CEO Martin Babilas noted that ALTANA closed the 2021 fiscal year with record results. Sales rose by 22% to €2,667 million. As a result, the specialty chemicals group achieved its strongest growth in the past 10 years.
“The growth was driven by great global demand for ALTANA solutions in almost all sales segments,” Babilas said. “Even adjusted for acquisition and exchange-rate effects, sales increased by around 22%. Earnings before interest, taxes, depreciation and amortization (EBITDA) climbed by 13% to €482 million. At 18%, the EBITDA margin was within the company’s long-term target range of 18% to 20%, despite the jump in material and logistics costs and the continued high spending in key areas such as research and development and digitalization.”
Babilas observed that overall, 2021 was an equally challenging and successful year, with sustainability a significant highlight.
“As a global team of over 6,700 colleagues, we did not only cope with the exceedingly high demand, but also set new standards in innovation, climate protection, and digitalization,” he reported. “ALTANA is thus ideally positioned for a sustainably successful future.”
Raw material costs remain on a high level, and Babilas said that ALTANA has positioned itself well to react to any challenges.
“In terms of supply security, we built up storage capacities very early worldwide and are well-positioned thanks to our global production structure and regional suppliers,” Babilas noted. “Flexibility is another important factor. Therefore, we have production sites in all important sales regions. This enables us to adapt production to the quantity for which there is demand. ALTANA acts with the same level of flexibility when it comes to logistics.”
So far, ALTANA has been able to continue its growth course of the previous year through the first half of 2022, but raw material, economic and geopolitical uncertainty make predicting the rest of the year difficult.
“Ongoing good order intake led to a largely constant delivery volume at a high level,” Babilas said. “In its planning for the 2022 fiscal year, ALTANA had based its expectations on further global economic growth, albeit to a lesser extent than in the previous year.
“In such an environment, the company had forecast operating sales growth in the mid-single-digit percentage range and earnings profitability at the previous year’s level in the context of a continued tense price situation in the areas of material, logistics, and energy costs,” added Babilas. “However, the impact of the war against Ukraine on demand, production, and supply processes cannot be estimated at present.”
46483 Wesel, Germany
Tel: +49 281 670-8
www.altana.com
E-mail: info@altana.com
Sales: More than $390 million in printing ink and graphic arts coatings sales (Ink World estimate); €€2.667 billion overall.
Major Products: Metallic inks and pigments; UV and water-based inks and coatings.
Key Personnel: Martin Babilas, CEO; Stefan Genten, member of the Management Board; Dr. Christoph Schlünken, member of the Management Board; Dr. Tammo Boinowitz, president Division BYK, chairman of the Management Board BYK-Chemie GmbH; Dr. Christian Przybyla, president Division ECKART, chairman of the Management Board ECKART GmbH; Dr. Guido Forstbach, president Division ELANTAS, chairman of the Management Board ELANTAS GmbH; Thorsten Kröller, president Division ACTEGA, chairman of the Management Board ACTEGA GmbH.
Number of Employees: 6,731 as of Dec. 31, 2021.
Comments: A global leader in specialty chemicals, ALTANA AG consists of four divisions: BYK, ECKART, ELANTAS and ACTEGA. In terms of ink and graphic arts, ECKART is an industry leader in metallic inks and pigments, and ACTEGA has a strong presence in packaging inks, overprint varnishes and coatings.
ALTANA CEO Martin Babilas noted that ALTANA closed the 2021 fiscal year with record results. Sales rose by 22% to €2,667 million. As a result, the specialty chemicals group achieved its strongest growth in the past 10 years.
“The growth was driven by great global demand for ALTANA solutions in almost all sales segments,” Babilas said. “Even adjusted for acquisition and exchange-rate effects, sales increased by around 22%. Earnings before interest, taxes, depreciation and amortization (EBITDA) climbed by 13% to €482 million. At 18%, the EBITDA margin was within the company’s long-term target range of 18% to 20%, despite the jump in material and logistics costs and the continued high spending in key areas such as research and development and digitalization.”
Babilas observed that overall, 2021 was an equally challenging and successful year, with sustainability a significant highlight.
“As a global team of over 6,700 colleagues, we did not only cope with the exceedingly high demand, but also set new standards in innovation, climate protection, and digitalization,” he reported. “ALTANA is thus ideally positioned for a sustainably successful future.”
Raw material costs remain on a high level, and Babilas said that ALTANA has positioned itself well to react to any challenges.
“In terms of supply security, we built up storage capacities very early worldwide and are well-positioned thanks to our global production structure and regional suppliers,” Babilas noted. “Flexibility is another important factor. Therefore, we have production sites in all important sales regions. This enables us to adapt production to the quantity for which there is demand. ALTANA acts with the same level of flexibility when it comes to logistics.”
So far, ALTANA has been able to continue its growth course of the previous year through the first half of 2022, but raw material, economic and geopolitical uncertainty make predicting the rest of the year difficult.
“Ongoing good order intake led to a largely constant delivery volume at a high level,” Babilas said. “In its planning for the 2022 fiscal year, ALTANA had based its expectations on further global economic growth, albeit to a lesser extent than in the previous year.
“In such an environment, the company had forecast operating sales growth in the mid-single-digit percentage range and earnings profitability at the previous year’s level in the context of a continued tense price situation in the areas of material, logistics, and energy costs,” added Babilas. “However, the impact of the war against Ukraine on demand, production, and supply processes cannot be estimated at present.”