NEWS for the Plastic and Rubber Industry
  • Sales up by 24% compared with Q3’21 to €3.0 billion:
    • Growing demand for high value-added solutions in batteries, lightweighting, bio-based and recycled materials, 3D printing…
    • Continuation of the Group’s initiatives to adjust its selling prices in the face of raw materials and energy cost inflation
    • Volumes globally down, with contrasting trends by region and end-market
  • EBITDA up slightly to €495 million (€474 million in Q3’21) and EBITDA margin of 16.7%. An 8% increase in Specialty Materials’ EBITDA, driven by the Adhesive Solutions and Advanced Materials segments, and an 18% decrease in Intermediates’ EBITDA
  • Adjusted net income of €260 million (€258 million in Q3’21), representing €3.52 per share
  • Strong cash generation, with recurring cash flow of €434 million (€236 million in Q3’21). Net debt tightly controlled at €2,615 million (€2,789 million at end-June 2022), including €700 million in hybrid bonds
  • Strengthening of the Group’s CSR commitments and initiatives, in particular in terms of climate action, and further improvement in its Moody’s ESG Solutions score, positioning Arkema among the very best in its industry
  • Full year guidance confirmed: Arkema aims to achieve EBITDA of €2,100 million in 2022, i.e. annual EBITDA growth of around 20% at constant scope compared with 2021
  • Continued strategy to invest in Specialty Materials and strengthening of initiatives to reduce costs and improve competitiveness in the face of the economic slowdown

Visit www.arkema.com for more information