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Sales increase by 4.8% to EUR 197.3 million EBITDA grows by 4.6% to EUR 29.1 million Extraordinary demand for Bioselect® as an important component of COVID-19 test kits Forecast 2020 confirmed: target corridor is reached at the lower end due to U instead of V recovery
Trostberg, May 19, 2020 – The Management Board and Supervisory Board of AlzChem Group AG, a vertically integrated specialty chemicals supplier with a leading market position in selected niche markets, received strong support from the shareholders attending today's virtual Annual General Meeting.
Positive market feedback on own distribution of Creamino Full-year forecast with sales growth and stable earnings confirmed
Sales increase slightly to EUR 376.1 million in 2019 EBITDA improved to EUR 50.1 million Dividend of EUR 0.75 per share planned Continued revenue growth with stable EBITDA margin projected for 2020 Coronavirus as an uncertainty factor, business performance stable so far
Positive market feedback on own distribution of Creamino Full-year forecast with sales growth and stable earnings confirmed
AlzChem Group AG slightly adjusts sales forecast for fiscal year 2019, but confirms earnings forecast
AlzChem Group AG, a vertically integrated specialty chemicals supplier with a leading market position in selected niche markets, officially commissioned its new Creamino plant at the Trostberg Chemical Park yesterday.
Development at Creamino remains pleasing – start of additional production capacities initiated in August 2019 with first functional tests Investment phase at NITRALZ® completed within schedule and budget – commissioning – commissioning in progress