Clariant
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Clariant (CLN) investor relations material

Clariant Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary30 Oct, 2025

Executive summary

  • Q3 2025 sales reached CHF 906 million, down 3% in local currency and 9% in CHF, with EBITDA before exceptional items up to CHF 162 million (17.9% margin), driven by performance improvement and cost management.

  • 9M 2025 sales were CHF 2.887 billion, down 1% in local currency, with EBITDA margin before exceptional items up 160 bps to 18.0%.

  • Performance improvement and savings programs delivered CHF 31 million in savings YTD, with CHF 80 million targeted by 2027 and CHF 63 million restructuring charges recognized YTD.

  • Board of Directors to be reduced from 11 to 8 members, enhancing governance, independence, and diversity.

Financial highlights

  • Q3 EBITDA before exceptional items increased by 5% to CHF 162 million (margin 17.9%, up 230 bps YoY); reported EBITDA up 14% to CHF 159 million.

  • 9M 2025 EBITDA before exceptional items was CHF 521 million (18.0% margin, up 160 bps YoY); reported EBITDA for 9M was CHF 450 million, impacted by CHF 63 million restructuring charges.

  • Q3 sales bridge: Price +1%, Volume -4%, Currency -6%.

  • CapEx guidance lowered to CHF 180 million, reflecting a shift to maintenance-oriented spending after major investments.

Outlook and guidance

  • 2025 local currency sales growth expected at the lower end of the 1–3% range due to weak industrial production and consumer sentiment.

  • EBITDA margin before exceptional items confirmed at 17–18% for 2025; medium-term targets of 19–21% margin and 4–6% CAGR sales growth by 2027.

  • CapEx targeted at CHF 180 million; restructuring charges of CHF 75 million expected for 2025.

  • Continued focus on cash conversion towards a 40% target.

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Frequently asked questions

Clariant AG is a Swiss specialty chemicals company that develops, manufactures, and markets a wide range of chemicals and solutions for various industries. Its product portfolio includes additives, catalysts, pigments, and surfactants, which serve sectors such as agriculture, personal care, automotive, construction, and energy. Clariant focuses on creating innovative and sustainable solutions that improve product performance and environmental impact, supporting the transition to greener technologies and processes. The company is headquartered in Muttenz, Switzerland, and its shares are listed on the SIX.

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