CLN.VX - Clariant AG

Swiss - Swiss Delayed Price. Currency in CHF
21.34
+0.22 (+1.04%)
At close: 5:31PM CET
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Previous Close21.12
Open21.19
Bid21.01 x 821900
Ask21.45 x 805400
Day's Range21.19 - 21.44
52 Week Range21.19 - 25.16
Volume1,101,726
Avg. Volume1,011,877
Market Cap7.027B
Beta (3Y Monthly)N/A
PE Ratio (TTM)25.40
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est25.77
  • Clariant to form a joint venture with SABIC under new par...
    CNBC Videos5 months ago

    Clariant to form a joint venture with SABIC under new par...

    It allows the whole group to take a step forward into specialties, says Patrick Jany, Clariant CFO.

  • Thomson Reuters StreetEvents9 days ago

    Edited Transcript of CLN.VX earnings conference call or presentation 13-Feb-19 12:00pm GMT

    Q4 2018 Clariant AG Earnings Call

  • Clariant shares drop as quarterly demand eases in Asia, Europe
    Reuters10 days ago

    Clariant shares drop as quarterly demand eases in Asia, Europe

    Clariant missed fourth quarter profit and sales expectations on Wednesday due to softening demand in Asia and Europe, sending shares in the Swiss specialty chemicals maker lower. Quarterly earnings before interest, taxes, depreciation and amortisation excluding exceptional items (core EBITDA) fell 2 percent to 253 million Swiss francs (£195 million), missing the average 260 million francs in a Infront Data poll. Clariant, a quarter-owned by Saudi Arabia's Saudi Basic Industries (SABIC), proposed a higher dividend of 0.55 francs per share and confirmed its 2021 guidance for above-market growth, higher profitability and stronger cash generation.

  • The Wall Street Journal10 days ago

    [$$] Clariant Profits, Sales Rise

    Clariant said profits and sales rose last year on higher volumes and prices, backed its financial targets and proposed raising its dividend.

  • Sabic Profit Misses Estimates as Product Prices Decline
    Bloomberg27 days ago

    Sabic Profit Misses Estimates as Product Prices Decline

    Fourth-quarter profit declined 12 percent to 3.24 billion riyals compared with an estimate of 5.29 billion riyals. Sabic, as the company is known, and Switzerland’s Clariant AG are discussing how to combine their specialty chemicals businesses, Yousef Abdullah Al Benyan, the Saudi company’s chief executive officer, told reporters in Riyadh. Key NumbersFY sales 169.09 billion riyals, estimate 169.68 billion (range 167.41 billion to 172.38 billion) (data compiled by Bloomberg)4Q sales 40.13 billion riyals, estimate 40.41 billion (range 38.8 billion to 42.4 billion) (data compiled by Bloomberg)Cites increase in selling, general and administrative expenses, and decrease in share of results from associates and joint ventures.Implemented strategic restructuring initiative with an impact of 1.1 billion riyals.

  • Is Clariant AG (VTX:CLN) Investing Your Capital Efficiently?
    Simply Wall St.last month

    Is Clariant AG (VTX:CLN) Investing Your Capital Efficiently?

    Today we are going to look at Clariant AG (VTX:CLN) to see whether it might be an attractive investment prospect. Specifically, we'll consider its Return On Capital Employed (ROCE), since Read More...

  • Reuterslast month

    Clariant begins 2020 sale plan with search for pigments buyer

    FRANKFURT/ZURICH (Reuters) - Switzerland's Clariant (CLN.S) has begun the sale of its pigments business as part of wider a streamlining which it has said it will complete by the end of 2020, sources said. Saudi Arabia's Saudi Basic Industries (SABIC) bought a 25 percent stake in Clariant last year, ending a dispute between the Swiss company and U.S.-based activist investor White Tale which scuttled a planned merger with U.S.-based Huntsman Corp. Clariant has mandated Deutsche Bank (DBKGn.DE) to find a buyer for the pigments business, which could be valued at around 800 million Swiss Francs (£642.3 million), the sources told Reuters, adding that private equity firms were likely buyers.

  • Reuters4 months ago

    Clariant elects Saudi reps to board as tensions rise over missing journalist

    Swiss chemicals group Clariant (CLN.S) elected four representatives of its Saudi anchor shareholder to its board on Tuesday as its new chief executive acknowledged rising tensions over a missing Saudi journalist could hurt its business. The vote came as Credit Suisse (CSGN.S) pulled out of an investment summit in the Middle Eastern kingdom, the latest western company to shun Saudi Arabia amidst the mystery surrounding the fate of journalist Jamal Khashoggi. Clariant, which has state-controlled Saudi Basic Industries Corp (SABIC) as its largest shareholder, said the uncertainties surrounding Saudi Arabia could hit it and rivals who operate in region.

  • Reuters4 months ago

    Clariant shareholders elect all four Sabic representatives to its board

    ZURICH (Reuters) - Shareholders elected all four representatives of Saudi Basic Industries Corp (SABIC) nominated to join the board of Swiss chemicals maker Clariant (CLN.S) at its extraordinary general ...

  • Reuters4 months ago

    Clariant could be hit by Saudi tensions, new CEO says

    The new chief executive of Clariant, which has Saudi Basic Industries Corp as its anchor shareholder, said rising tensions surrounding the disappearance of a Saudi Arabian journalist could hit the Swiss ...

  • CNBC5 months ago

    Hedge funds in the business of breaking up deals see big payoff, study finds

    Carl Icahn recently tried to destroy Cigna's $54 billion purchase of Express Scripts by buying shares of Cigna and pushing it to get out of the deal. Usually shares of an acquiring company fall and those of a target rise, allowing traditional merger arbitrage traders the chance to profit on their price movements as the deal nears completion. Carl Icahn recently used it to try to destroy Cigna CI 's $54 billion purchase of Express Scripts ESRX .

  • Clariant Shares Soar as Sabic Names New CEO, Board Members
    Bloomberg5 months ago

    Clariant Shares Soar as Sabic Names New CEO, Board Members

    Patrick Jany, chief financial officer at Clariant, discusses the naming of a new Chief Executive Officer and four board members by the company's largest investor, Saudi Basic Industries Corp. He speaks ...

  • Clariant, SABIC tighten links under new partnership
    Reuters5 months ago

    Clariant, SABIC tighten links under new partnership

    ZURICH/BERLIN (Reuters) - Switzerland's Clariant and new anchor shareholder Saudi Basic Industries Corp (SABIC) will merge their high-performance materials businesses and install a SABIC manager as head of the group as they strengthen their partnership. The new joint venture and governance accord announced on Tuesday mark the first concrete signs of how SABIC's arrival as a white knight in January is reshaping the speciality chemicals group that U.S. activists had targeted. The partners had agreed that SABIC would not take over Clariant but could boost the 24.99 percent stake it bought from the activists to rescue Clariant from a hostile takeover threat, Clariant Chief Executive Hariolf Kottmann told a news conference.

  • Reuters5 months ago

    Clariant says nod for SABIC stake buy clears way for strategic update

    Saudi Basic Industries Corp has won regulatory approvals to complete its purchase of 24.99 percent of Clariant (CLN.S), the Swiss speciality chemicals maker said on Monday, clearing the way for the two companies to intensify cooperation. Delays in approvals from authorities in countries including Mexico and Brazil had forced Clariant to push back a strategic update on its tie-up with the Saudi company, known as SABIC. With those now completed, Clariant will provide an update on future collaboration "in due course".

  • Reuters5 months ago

    SABIC gets nod to buy nearly 25 pct of Clariant

    Saudi Basic Industries Corp won approvals to complete its purchase of 24.99 percent of Clariant, the Swiss speciality chemicals maker said on Monday, clearing the way for the two companies to intensify ...

  • Thomson Reuters StreetEvents7 months ago

    Edited Transcript of CLN.VX earnings conference call or presentation 25-Jul-18 1:00pm GMT

    Half Year 2018 Clariant AG Earnings Call

  • Reuters7 months ago

    Clariant's update on SABIC tie-up faces delay, CEO says

    Clariant's (CLN.S) update on its ties with Saudi Basic Industries (SABIC) is likely to be delayed, as antitrust approvals for the Saudi company's 25 percent stake in the Swiss speciality chemical maker take longer than expected. SABIC's move to become Clariant's largest shareholder has prompted speculation that the Saudi company could increase its holding, but Clariant CEO Hariolf Kottmann said SABIC had no current plans to make a full bid.