Altana reports positive business performance in the first quarter of 2008
The business of the specialty chemicals Group Altana continued its positive development over the first quarter of 2008. Sales amounted to EUR 357.6 million following EUR 348.6 million in the prior year (+ 3%). The Byk Additives & Instruments division was able to increase sales from EUR 112.7 million to EUR 120.2 million (+7%). The operating growth was 9%. At EUR 93.9 million (prior year''s period: EUR 89.4 million), sales in the Eckart Effect Pigments division were up by 5%. The operating sales growth was 3%. Sales in the Elantas Electrical Insulation division decreased 2% to EUR 88.1 million. The operating sales growth was 2%. Sales in the Actega Coatings & Sealants division were also slightly down to EUR 55.4 million (- 3%). In operating terms, the division achieved a slight growth (1%).
