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Clariant AG (CLZNF)
:CLZNF
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Earnings Data
Report Date
Feb 28, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.45Last Year’s EPS
0.27Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2018
|% Change Since: -25.31%
|Next Earnings Date:Jul 25, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strategic actions like the acquisition of Lucas Meyer Cosmetics and performance improvements, but was overshadowed by declining sales, significant challenges in the Catalysts segment, and unfavorable macroeconomic conditions.Company Guidance
During the Clariant Q3 2024 earnings call, the company reported sales of CHF 991 million, reflecting a 1% decrease in local currency, impacted by a 3% negative currency effect. The pricing remained stable across business units, with raw materials costs down by 5% year-on-year, while volumes declined by 3%. The report highlighted growth areas such as Adsorbents and Additives and Care Chemicals, noting a positive 2% impact from Lucas Meyer Cosmetics. Regionally, local currency sales decreased by 6% in the Americas but saw a 1% increase in Europe, Middle East, and Africa. Asia Pacific sales were down 5%, with China experiencing a significant 13% decline. The company maintained its full-year EBITDA margin guidance of around 16%, citing effective cost management with a CHF 7 million saving from performance improvement programs in Q3. Clariant projects a low single-digit percent sales decline in local currency for the full year, with an anticipated recovery shifting to 2025.Lucas Meyer Cosmetics Acquisition Contribution
The Lucas Meyer Cosmetics acquisition contributed positively with a 2% impact on reported sales and is expected to provide a full margin contribution starting Q4 2024.
Performance Improvement Programs
Achieved CHF 7 million in savings during Q3 and are on track to reach a target of CHF 175 million by 2025, with 90% of the goal already achieved.
Cost Management and Pricing Stability
Despite lower sales, effective pricing and cost management resulted in a resilient EBITDA margin of 15.6%.
Appointment of Ben van Beurden
Ben van Beurden, former CEO of Shell, was nominated to become the Chairman of Clariant, bringing extensive experience in the energy and chemical sectors.
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CLZNF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CLZNF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $14.70 | $14.02 | -4.63% |
| Jul 30, 2024 | $16.35 | $15.28 | -6.54% |
| Apr 30, 2024 | $14.75 | $15.04 | +1.97% |
| Feb 29, 2024 | $12.71 | $12.37 | -2.68% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Clariant AG (CLZNF) report earnings?
Clariant AG (CLZNF) is schdueled to report earning on Feb 28, 2025, TBA Not Confirmed.
What is Clariant AG (CLZNF) earnings time?
Clariant AG (CLZNF) earnings time is at Feb 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CLZNF EPS forecast?
CLZNF EPS forecast for the fiscal quarter 2024 (Q4) is 0.45.
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