Interim report
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AD HOC ANNOUNCEMENT PURSUANT TO ART . 53 LR Third Quarter / Nine Months 2021 28 October 2021 Page 1 of 9 CLARIANT Clariant significantly increased profitability in the third quarter of 2021 on the back of double - digit sales growth Third quarter 2021 sales from continuing operations increased by 23 % in local currency to CHF 1.096 billion Third quarter continuing operations EBITDA at CHF 180 million Third quarter 2021 EBITDA margin increased to 16.4 % versus 14.2 % in the third quarter of 2020 Outlook 2021 : increased local currency sales growth of 9 % -11 % and a confirmed EBITDA margin range of 16.0 % - 17.0 % " In the third quarter of 2021 , Clariant delivered particularly high year - on - year revenue growth and also successfully increased performance . The completed construction of our first commercial sunliquid® cellulosic ethanol plant represents a major milestone for Clariant and is a further key proof point of our ambitious growth strategy , " said Conrad Keijzer , CEO of Clariant . " Clariant's ability to clearly increase the profitability level was attributable to strong growth in our relevant end markets and our ability to partially offset the effects of raw material cost inflation , logistics challenges and rising energy cost through strong pricing . Our full year 2021 outlook remains positive . Based on the strong performance in the first nine months , we are increasing our full year local currency sales growth expectation and continue to forecast a step up in EBITDA margins to above pre COVID - 19 pandemic levels . "