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ARKEMA 1/7 INNOVATIVE ● ● Arkema : First - quarter 2021 results In a context of clearly improving market conditions , the Group reported strong earnings growth in the first quarter , driven in particular by a rise in volumes of innovative and sustainable Specialty Materials ( 1 ) , which benefited from their unique positioning and cutting - edge innovation related to global megatrends . Given its confidence in its development dynamic , Arkema is significantly increasing its financial targets for 2021 . O CHEMISTRY O PRESS RELEASE Colombes , Sales of € 2.23 billion , up 12.7 % versus Q1'20 at constant scope and currency Significant increase in volumes ( + 7.7 % ) , in the continuity of the rebound already observed in Q4'20 ( + 5.2 % ) O May 2021 Strong momentum in most of the Group's end markets , and contribution of new developments driven by sustainable innovation EBITDA of € 358 million , up sharply by almost 20 % ( € 300 million in Q1'20 ) , and EBITDA margin of 16.1 % O Specialty Materials ' EBITDA of € 306 million , up 19.5 % , supported by strong increases in the three segments Adhesive Solutions , Advanced Materials and Coating Solutions Intermediates ' EBITDA of € 75 million , up 10.3 % ( up 18.5 % at constant scope ) Adjusted net income up 59 % to € 159 million , representing € 2.08 per share Well controlled net debt , at € 2.0 billion ( including € 700 million in hybrid bonds ) , representing 1.6x LTM EBITDA Major milestone in Arkema's evolution with the finalization of the divestment of PMMA to Trinseo on 3 May 2021 , supplemented by Bostik's recent acquisition of Poliplas 2021 guidance significantly raised , with the Group now targeting around 20 % growth in Specialty Materials ' EBITDA relative to 2020 at constant scope and currency ( 2 ) excluding a systemic resumption of the health crisis Following Arkema's Board of Directors ' meeting , held on 5 May 2021 to review the Group's consolidated financial information for the first quarter of 2021 , Chairman and CEO Thierry Le Hénaff said : " The pace of activity accelerated in the first quarter in the context of better economic indicators . Our growth reflects first and foremost the strength of our innovation over the past few years to position our Specialty Materials in structural growth segments , along with positive momentum in most of our end markets and our balanced geographical footprint . While remaining attentive to the evolution of the health crisis and to the volatility of the environment , in light of our very good first - quarter results and our development opportunities , the Group is strongly raising its annual targets for Specialty Materials , which represent the essential part of our scope following the divestment of PMMA . This year marks the start of a new era of growth for Arkema , consistent with the ambitions unveiled at our April 2020 Capital Markets Day . Supported by our teams ' strong commitment to the company's strategy , we are accelerating our innovation projects and investments in promising high growth markets driven by sustainable megatrends , such as clean mobility , lightweight materials , 3D printing and energy efficiency . " ( 1 ) Specialty Materials include the following three segments : Adhesive Solutions , Advanced Materials and Coating Solutions ( 2 ) With the assumption of a € / $ exchange rate of 1.2 for 2021 , the impact on 2020 EBITDA is estimated at a negative € 30 million for Specialty Materials and a negative € 10 million for Intermediates Arkema 420 , rue d'Estienne d'Orves - F - 92705 Colombes Cedex - France Tel : +33 1 49 00 80 80 - Fax : +33 1 49 00 83 96 A French société anonyme ( joint stock corporation ) with share capital of € 767,364,760 - Registered in Nanterre : RCS 445 074 685 arkema.com