Interim report
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FIRST QUARTER 2021 29 April 2021 Page 1 of 8 CLARIANT Clariant returns to profitable growth , increasing both sales and profitability in the first quarter of 2021 Sales from continuing operations increased by 2 % in local currency to CHF 1.002 billion , reflecting a broad recovery in our markets EBITDA of CHF 164 million rose by 4 % in Swiss francs , generating a notably improved EBITDA margin at 16.4 % ( vs. 15.4 % ) Pricing actions have been initiated to offset rising raw material and logistics cost Outlook 2021 Continuing Operations : moderate local currency sales growth and a step up in EBITDA margin to slightly above pre - COVID 19 pandemic levels " The first quarter of 2021 demonstrated both Clariant's return to growth as well as a sequential improvement in the Group's performance . This progression was achieved through our portfolio of attractive businesses and the disciplined execution of our strategy and performance improvement programs , ” said Conrad Keijzer , CEO of Clariant . " I would like to thank our teams for effectively mastering the current challenges amidst the continued COVID - 19 pandemic ; rising raw material cost as well as disruptions in supply chains . In 2021 , we strive to make an important step up in our performance and expect Clariant to achieve moderate sales growth in local currency and a recovery in EBITDA margins to slightly above pre - COVID - 19 pandemic levels . With our partnership with India Glycols Limited for green surfactants , we continue to advance our portfolio transformation toward a higher specialty value business . "