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CPH Chemie + Papier Holding AG Perlenring 1 CH - 6035 Perlen / Switzerland Phone +41 41 455 8000 www.cph.ch/ Ticker CPHN Ad hoc announcement pursuant to Art . 53 LR cph 2021 first - half results Chemistry and Packaging on track ; earnings for Paper depressed by higher raw materials costs The CPH Group raised its first - half net sales by 5.1 % in 2021 to CHF 243.7 million . The Chemistry and the Packaging divisions performed on - track , while earnings for the Paper Division were depressed by higher raw materials costs . Group EBIT for the period declined as expected to CHF 5.7 million . The first - half net result amounted to CHF 5.9 million . Perlen , 21 July 2021 – The restrictions imposed in response to the coronavirus pandemic were gradually eased in many countries in the first half of 2021 , and economies showed some signs of recovery . The higher demand helped raise the CPH Group's net sales for the period to CHF 243.7 million an increase of 5.1 % , or of 5.7 % excluding currency factors . - Chemistry posts highly favourable earnings The Chemistry Division benefited from its customers ' action backlogs and saw high order volumes for various product lines , especially for the molecular sieves used in oxygen concentration . " With its innovative products , our Chemistry Division has earned itself a leading market position , " says Group CEO Peter Schildknecht . “ It substantially increased its first - half net sales , and achieved an even stronger improvement in its first - half earnings result . " Paper feels the effects of greater predatory competition The Paper Division sold higher volumes of its products than it had in the first half of 2020 , when its machines had stood idle for lengthy periods as a result of the coronavirus pandemic . But with paper prices simultaneously declining as a result of increasing industry overcapacities , its first - half net sales were below their 2020 levels , despite the higher sales volumes . Packaging achieves growth in Latin America and Asia First - half developments in the Packaging Division were a mixed affair . On the one hand , demand for its products was lower in western countries , where pharmaceuticals manufacturers had built up their stocks in 2020 and were more restrained in their new order placements . At the same time , the extensive mask - wearing requirements prompted declines in the prevalence The CPH Group : Ad hoc announcement of 21 July 2021 on the 2021 Half - Year Report Page 1/4