Hoechst CeramTec operating profit rose to DM0.5m

07 April 1994 00:00  [Source: ICB]

Hoechst CeramTec operating profit rose to DM0.5m in 1993 from an operating loss of DM14.3m in 1992 on sales that declined by just under 1% to DM244.9m. The Hoechst ceramics subsidiary attributes the turnaround to its cost cuts and a slight upturn in earnings of subsidiaries. The company said the outlook for 1994 is 'muted'. However, ongoing cost controls are expected to result in further improvements to the bottom line.

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly