Clariant significantly improves cash flow and for the 7th consecutive year increases margins - Seite 4

Net income from continuing operations was CHF 24 million. This is above the previous year figure on a like-for-like basis adjusting for the one-time book gain from disposals relating to land sales in India in Q4 2014.

Operating cash flow amounted to CHF 306 million, compared to CHF 321 million year-on-year.

Outlook 2016 - to progress EBITDA margin and operating cash flow

Despite the difficult environment in 2015, Clariant could demonstrate its ability to sustainably improve its business performance by continuously launching new innovative products and solutions particularly in its higher margin Business Areas Care Chemicals, Catalysis and Natural Resources.

Clariant expects the uncertain environment, characterized by a high volatility in commodity prices and currencies, to further deteriorate. In emerging markets, we anticipate the economic environment to become more challenging and with increased volatility; we expect moderate growth in the United States, while growth in Europe is expected to remain stable but weak.

For 2016, in spite of the increasingly challenging economic environment, Clariant is confident to achieve growth in local currencies, as well as progression in operating cash flow and EBITDA margin before exceptional items.

Clariant confirms its mid-term target of reaching a position in the top tier of the specialty chemicals industry. This corresponds to an EBITDA margin before exceptional items in the range of 16 % to 19 % and a return on invested capital (ROIC) above the peer group average.

CORPORATE MEDIA RELATIONS	INVESTOR RELATIONS
Carsten Seum Phone [phone] [e-mail]	Anja Pomrehn Phone [phone] [e-mail]
Stefanie Nehlsen Phone [phone] [e-mail]

Q4 2015 Press Release english
Q4 2015 Financial Review
Q4 2015 Press Release german

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Source: Clariant AG via Globenewswire

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Clariant AG
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ISIN: CH0012142631;