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Alzchem Group AG: Historic highs in sales and EBITDA in 9-month period 2021 - Seite 2
Andreas Niedermaier, CEO of Alzchem Group AG: "Building on already very good levels, we were able to generate additional, very dynamic growth. The sustainability of this growth course is shown by the fact that we succeeded in setting record after record in the course of the fiscal year. At the same time, we are increasing our earning power - both in absolute terms and in terms of margin. These successes also give us the tailwind to successfully implement further projects for the future, such as our new product Eminex(R), with which we aim to raise climate protection in agriculture to a new level."
Due to the very positive business performance, the Management Board confirms the forecast for the full year, which was raised in July 2021. The forecast includes significantly to strongly increasing Group sales of up to EUR 415 million (2020: EUR 379.3 million) and significantly to particularly strongly increasing EBITDA of up to EUR 64 million (2020: EUR 53.8 million).
The detailed quarterly statement for the 3rd quarter of 2021 is available for download on the website www.alzchem.com under Investor Relations/Publications.
About Alzchem
Alzchem is a globally active specialty chemicals company that is predominantly among the market leaders in its fields of activity. Alzchem benefits in particular from the three very different
global developments of climate change, population growth and longer life expectancy. In order to achieve the resulting social goals, Alzchem products can offer attractive solutions with a wide
range of different applications.
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The company sees interesting growth prospects for itself especially in the areas of human and animal nutrition and agriculture. As a result of population growth, it is necessary to achieve efficient food production. Pharmaceutical raw materials and our creatine products can contribute to healthy aging as life expectancy increases. Alzchem is facing up to the goal of sustainability arising from climate change in the field of renewable energies and across the entire company. The fields of fine chemicals and metallurgy offer just as great a perspective.