Strong Performance in Specialty Silicones
Chemicals EBITDA increased by 6% year-over-year, driven by strong growth in specialty silicones. Sales in silicones were approximately €745 million, up 5% year-over-year.
Resilience and Efficiency Measures
The company focuses on improving resilience through specialization, efficiency measures, and cost cutting. Approximately 1,000 projects initiated last year yielded net savings of about €16 million.
Innovative Product Launches
Launch of new silicon-based resin hardener and Janus hybrid polymers, which provide high-performance sealants and adhesives. These innovations enhance sustainability and product performance.
Financial Stability
Strong financials with high liquidity of €923 million, €4.8 billion in shareholder equity, and a low net debt position of €880 million.